Amara Raja announces strategic tech collaboration with Gotion-InoBat-Batteries

Company to license technology for prismatic and cylindrical cells from GIB Amara Raja Advanced Cell Technologies Pvt. Ltd (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M), one of India’s leading battery manufacturers, has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. As part of the […]

Continue Reading

Capex for EV components to cross Rs. 25,000 crore in next 3-4 years: ICRA

Spurred by Government support in the form of subsidies, enhanced awareness, and increasing product launches, the electric vehicle (EV) segment in India has seen a significant upturn in prospects over the past two years. A confluence of factors such as improving product portfolio, charging infrastructure, and financing availability and a gradual decline in battery prices […]

Continue Reading

EV battery manufacturing to drive demand for 2,400 acres of land by 2030: CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strategies for various stakeholders in the electric vehicle manufacturing lifecycle. According to the report, real estate requirements for manufacturing EV batteries are […]

Continue Reading

India’s First-Ever PPP For Large Scale Advanced Li-ion Cell Manufacturing Between CSIR-CECRI and GODI India

For the first time in India, CSIR-CECRI (Central Electrochemical Research Institute) and GODI India have entered into a public-private partnership through a MoA, to operate and maintain an advanced Lithium-ion cells manufacturing facility in Taramani, Chennai. Dr. Shekhar C Mande, Former Secretary DSIR and Former Director General, CSIR inaugurated the facility in the presence of […]

Continue Reading