India races toward 100 GWh battery capacity by 2026, signals cost parity between solar and storage

India’s battery manufacturing ecosystem is scaling at record pace, with installed capacity touching nearly 60 GWh and set to reach 100 GWh by next year, according to Mr. Nikhil Arora, Director, Encore Systems. Speaking at the 18th Renewable Energy India Expo and The Battery Show India in Greater Noida, Arora said automation efficiencies are now […]

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Ashok Leyland To Invest Rs 5,000 Cr In Next-Gen Battery Business, Joins CALB

Ashok Leyland, the Indian flagship of the Hinduja Group and a leading commercial vehicle maker, has announced plans to invest in developing and manufacturing next-generation batteries for both automotive and non-automotive uses, including energy storage systems.   As part of this plan, Ashok Leyland has signed a long-term exclusive partnership with China-based CALB Group, one […]

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BNC Expands with New Manufacturing Unit to Boost EV Production

BNC Motors proudly announces the operationalization of its new electric two-wheeler manufacturing facility in Coimbatore, Tamil Nadu. The facility, covers 250k sq ft of built-up area and can support production of 15k vehicles per month for both domestic and export requirements. The facility also includes in-house battery manufacturing, electronics manufacturing, and fabrication unit. Speaking about […]

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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 […]

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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 […]

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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 […]

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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 […]

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