Need to relook GST on EV batteries, charging: PMO adviser
The government is targeting 100% electrification in two-wheelers by 2030.
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November 2024
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JSW, Posco to build new steel plant in India
The partnership also aims to drive cooperation in battery materials, and renewable energy sectors in India.
Amara Raja to sign deal with Ather for lithium-ion cells
Amara Raja will collaborate with Ather Energy to develop and supply NMC and LFP lithium-ion cells.
Global battery demand to quadruple by 2030: Bain
Ongoing flux across battery chemistries, especially within lithium-ion batteries, are affecting OEM product roadmaps, says Bain & Company.
Sun Mobility-Indian Oil JV to scale up battery swapping: Chetan Maini
Chetan Maini, the founder of India's first electric car, says range anxiety and charging infrastructure challenges motivated him to get into battery swapping.
Amara Raja partners with Chinese EV battery maker Gotion; stock jumps 20%
GIB EnergyX will license Gotion’s lithium iron phosphate (LFP) technology for lithium-ion cells to Amara Raja Advanced Cell Technologies.
Reliance, JSW, Amara Raja bid for 10 GWh ACC battery PLI scheme
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
Capex for EV components to exceed ₹25,000 cr in 3-4 years
ICRA says demand for EV batteries in India is expected to reach around 15 gigawatt hours (GWh) by 2025 and 60 GWh by 2030.
Exide Industries shares hit fresh 52-week high
The stock hit an intraday high of ₹423.65, taking the company's market cap to over ₹35,000 crore.
Indian Oil, Panasonic Energy sign deal to make lithium-ion cells in India
Indian Oil is anticipating a rise in demand for batteries for two- and three-wheeler vehicles and energy storage systems in the Indian market
