Blue Energy to set up EV truck, battery manufacturing facility in Maharashtra
Blue Energy Motors has signed an agreement with the Government of Maharashtra to set up a manufacturing facility designed to produce 30,000 EV trucks annually. The facility will also house a battery pack line.
S&P Global: Annual battery cell production passes 10 billion, lower prices to stimulate demand
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
Envirostream Australia signs battery recycling deal with Hithium Energy
Envirostream Australia, a subsidiary of Livium, has signed an exclusive recycling agreement with Hithium Energy to recycle lithium-ion batteries supplied by Hithium to Lightsource bp’s Woolooga solar farm in Queensland, Australia.
Government mulling incentives for battery cell component manufacturing
India can become self-reliant in battery cell manufacturing if lithium remains in the country through recycling and used in batteries once again, added Vijay Mittal, Joint Secretary, Ministry of Heavy Industries, at the 4th India Battery Manufacturing and Supply Chain Summit 2025.
Exide Industries invests INR 149.99 crore in lithium battery arm
Exide Industries Ltd has made equity investment of INR 149.99 crore, on rights basis, in Exide Energy Solutions. The investment will fund Exide Energy Solutions’ greenfield lithium battery plant in Bengaluru and meet its various funding requirements.
Ace Green to build India’s largest LFP battery recycling facility
Ace Green Recycling plans to establish 10,000 metric tons of lithium iron phosphate (LFP) battery recycling capacity per year in India by 2026.
Neuron Energy unveils 1.5 GWh lithium battery factory
The 5-acre manufacturing facility at Chakan, Pune, will produce lithium-ion batteries for electric vehicles, battery energy storage systems and other applications.
Where will lithium-ion battery prices go in 2025?
After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
Sodium-ion batteries present an opportunity for India to establish an indigenous energy storage ecosystem
Sodium-ion batteries, with the abundance of input materials, make a viable choice for India to reduce its reliance on imports to meet its energy storage needs, says a new report.
The shift to advanced battery technologies for a sustainable future
With the growing integration of renewable energy solutions in power grids, the demand for efficient energy storage solutions is only set to grow. Taking cognizance of the advancements in battery technology, India today stands at the cusp of a major revolution.
