Reliance, Ola, Rajesh Exports sign agreement to make batteries under PLI Scheme
The three companies will receive incentives under the government’s production-linked incentives scheme for battery storage. The scheme has an overall budgetary outlay of INR 18,100 crore (around US$ 2,284 million).
Ola to open battery cell R&D center next month
The electric mobility company will open its battery innovation center (BIC) in Bengaluru next month as it looks to build indigenous cell technology and manufacture Li-ion cells in India at scale.
India’s first grid-scale storage tenders to spur investment, domestic manufacturing
If Solar Energy Corp. and NTPC can successfully execute tenders for standalone energy storage systems, it could drive investment, support domestic manufacturing, and facilitate the development of new business models, according to a newly released report.
Bhago Mobility acquires stake in lithium battery supplier Pastiche
Bhago Mobility Solutions, the green energy vertical of automotive parts manufacturer Modern Automotive, will invest $16 million in a partnership with Pastiche. They plan to jointly develop solid-state and lithium-ion batteries for electric mobility and energy storage.
Lithium battery recycling in India
Nitin Gupta, chief executive officer and co-founder, Attero Recycling, speaks to pv magazine about the supply chain concerns for lithium battery storage manufacturing in India, current battery recycling scenario and Attero’s capacity.
Fire incidents highlight ‘burning’ issues in India’s EV ecosystem
Although we may have just about commenced our run in the electric vehicle (EV) race, it is critical that we jump-start the pace of adoption by enhancing the overall perception of EVs from a safety and longevity standpoint.
China and Hong Kong are India’s biggest lithium battery suppliers
The two nations together supply 96% of India’s lithium-ion cell and battery imports and almost 70% of non-rechargeable lithium products.
Exide Industries and China’s SVOLT Energy partner for lithium-ion cell manufacturing in India
The lead-acid battery major will use SVOLT’s technology to manufacture lithium-ion cells in India. It will produce cells across two popular chemistries and three formats out of its proposed multi-gigawatt fab.
India’s annual lithium battery market will reach 116 GWh in eight years
The annual demand for lithium-ion batteries in India will reach 116 GWh in FY 2029-30, with electric vehicles (EVs) accounting for 90%.
PLI Scheme for battery cell manufacturing receives bids for 130 GWh of capacity
The production-linked incentives scheme for advance-chemistry battery cell manufacturing received an encouraging response with bids received for 2.6 times the 50 GWh manufacturing capacity to be awarded.
