Lithium discovery big win for India, but concerns remain over mining and refining
India has struck gold by discovering 5.9 million tonnes of lithium resources in Jammu & Kashmir. The nation now needs to work towards building the capacity to extract lithium in a sustainable and eco-friendly way.
India needs over $4 billion to create 50 GWh of lithium battery capacity under PLI Scheme: CEEW
A new study by CEEW deconstructs the lithium-ion battery cell manufacturing process, calculates the material and finance requirements, and offers a blueprint for the domestic strategy.
Ola Electric to set up lithium battery gigafab in Tamil Nadu
The winner of the 20 GWh battery cell capacity under the government’s production-linked incentive (PLI) scheme is going to set up its lithium battery factory in Tamil Nadu.
Budget 2023-24 reaffirms government’s focus on domestic solar and battery manufacturing, green hydrogen
The budget signifies the government’s intent to drive domestic manufacturing of lithium battery cells as it waives customs duty on the import of machinery required for manufacturing these cells. It also continues with nil customs duty on critical inputs for solar manufacturing. The budget also aims to support large-scale battery storage projects through viability gap funding.
India surpassed one million EV sales in 2022
Electric vehicles (EV) sales in India soared 212% year-on-year to surpass one million mark in 2022.
Govt signs pact with Rajesh Exports for 5 GWh lithium-ion cell factory
The central government and the state government of Karnataka have signed an agreement with Bengaluru-headquartered Rajesh Exports to lend support and a tailormade incentive package for its 5 GWh lithium cell factory in Karnataka.
EV manufacturers’ wishlist for Union Budget 2023–24
Electric vehicle (EV) and component manufacturers seek a uniform 5% goods and service tax (GST) for all EV spare parts. They also want the scrapping of import duty on lithium-ion battery cells and policy support for battery recycling.
Amara Raja to set up 16 GWh lithium battery cell fab in Telangana
The automotive battery major will invest INR 9,500 crore over the next ten years to set up a 16 GWh lithium cell factory, 5 GWh battery pack assembly unit, and research and innovation center in Telangana.
Birla Carbon joins project to develop lithium battery-grade graphite from biocrude
The carbon black solutions manufacturer has embarked on a collaborative project to develop lithium battery-grade graphite sustainably using renewable feedstocks.
HEG unveils plans to build $247 million Li-ion anode plant
The LNJ Bhilwara group company is venturing into the production of graphite anode for lithium-ion batteries. It expects the first part capacity of its Li-ion anode plant to become operational by 2025 with an investment of INR 1,000 crore ($124 million).
