C4V, Hindalco sign MoU on aluminum foil for lithium-ion battery cells
Hindalco will provide up to 2,000 tons of battery foil to C4V for lithium-ion cells, over a five-year period.
Aether Industries secures electrolyte additive contract with lithium battery producer
Aether Industries has announced entry into the electrolyte additives and battery space after a substantial contract signed with an undisclosed lithium-ion battery producer.
Cost of battery-based energy storage, INR 10.18/kWh, expected to reduce with VGF and PLI Schemes
Currently, the cost of battery-based energy storage in India is INR 10.18/kWh, as discovered in a SECI auction for 500 MW/1000 MWh BESS. The government has launched viability gap funding and Production-Linked Incentive (PLI) schemes to make battery storage affordable.
Hindalco to set up lithium battery foil manufacturing facility in Odisha
Hindalco will invest INR 800 crore to build a new battery foil manufacturing plant near Sambalpur in Odisha. The facility will initially produce 25,000 tonnes of the foils for Lithium-ion and Sodium-ion battery cells.
Waaree signs MoU with Israel’s 3DBattery to develop energy storage solutions
Waaree Technologies plans 5 GWh battery cell production capacity leveraging 3DBattery’s lithium-ion and sodium-ion battery technology.
Schneider Electric unveils battery lab in Bengaluru
Schneider Electric’s state-of-the-art battery lab will focus on developing innovative battery technologies and exploring new energy storage solutions that prioritize sustainability and minimize environmental impact.
Log9 Materials partners Gamma for simulation-driven battery cell and pack development
Log9 Materials will use Gamma Technologies’ system simulation software in developing the next-generation lithium-ion battery cells for electric vehicles.
Birla Carbon acquires Belgian nanotube manufacturer to drive growth in lithium battery materials
Birla Carbon has acquired Belgium’s carbon nanotube manufacturer Nanocyl as it looks to establish a leadership position in materials critical to lithium-ion battery performance.
Epsilon Group acquires LFP cathode technology centre in Germany
The purchase follows Epsilon’s recent $1.1 billion investment in the establishment of a 100,000-ton cathode battery materials manufacturing facility in Karnataka, India.
Amara Raja Batteries is now Amara Raja Energy & Mobility
Amara Raja Batteries has changed its name to Amara Raja Energy & Mobility as it directs its focus to becoming a comprehensive solutions provider in the energy and mobility space.
