Battery

While several EV players, including Ola Electric and Reliance New Energy, have announced ambitious plans for giga-scale cell factories, Ather is keeping its focus on design, engineering, technology, and brand.

India's EV ambition in the fast lane, market share can touch 7 percent in two years, says CareEdge

Aside of the push for charging infrastructure, the note said India needs to resolve in a time-bound manner the rare earth supply disruption from China, currently hampering production timelines for some automakers.

Govt looks to triple clearances for pumped hydro storage projects this fiscal

The government is focusing on pumped storage projects (PSPs) as a long-term solution for storing electricity since the use of batteries for longer hours remains unaffordable

Govt signs agreement with Reliance New Energy Battery under PLI scheme for advanced chemistry cell

This agreement makes the subsidiary firm of Reliance Industries eligible to receive incentives under India's Rs 18,100-crore PLI ACC scheme.

Boost for EV battery manufacturing: 35 additional capital goods come under customs tax exemption

The initiative is expected to accelerate the growth of the domestic battery industry.

Exide Industries, Amara Raja Energy, other battery stocks shine as FM exempts scrap of lithium-ion battery exempt from BCD in Budget 2025

FM Sitharaman announced that scrap of lithium-ion battery would be exempt from BCD or basic customs duty in the Budget 2025-26.

EV battery makers seek GST cuts and inclusive PLI scheme in Union Budget 2025

With a focus on enhancing local manufacturing, affordability, and accessibility, key industry players are urging the government to address critical issues that hinder the growth of India's EV ecosystem.

Hindustan Zinc picks Rajasthan for setting up battery facility

Last year, the company said it is looking to set up a battery manufacturing facility in India in partnership with US-based battery tech firm Aesir Tech, which will look at zinc battery solutions for various types of applications.

Government working on a scheme to promote manufacturing of battery components

India can become self-reliant in cell manufacturing if lithium remains in the country through recycling and is reused in batteries, Vijay Mittal, joint secretary, ministry of heavy industries, has said

Stone laid for International Battery Company’s Rs 390-crore giga factory near Bengaluru airport

The factory, expected to begin production in nine months, will generate 300 jobs in the first phase

Bengaluru's power supplier sets up EV accelerator cell to promote battery-run vehicles

The cell will also assist Bescom, state’s nodal agency for EV charging infrastructure, to phase out ICE vehicles

Exide Industries: What is next after the huge rally?

Partnership with the Korean duo offers limited benefit in the near to medium term

EV Revolution: Sliding commodity prices will improve affordability

The commodity weakness that’s damaging share prices of lithium miners translates into lower costs for battery manufacturers, who in turn can pass on cheaper prices to carmakers. This will bring electric cars closer still to the moment of price parity with conventional vehicles

Union Cabinet approves Rs 3,760 crore viability gap funding for battery energy storage systems

Battery energy storage systems will be able to store excess RE power for use during the night peak hours. With the VGF, the government is hoping to reduce the cost of battery storage, needed for round-the-clock renewable energy, from the current Rs 10 per kilowatt-hour (kWh) to Rs 5.50-6.6 kWh by 2030-31.

Electric bus catches fire in Mumbai during battery charging, nobody injured; BEST GM asks Tata Motors to check vehicles

The incident occurred around 5 am and the blaze was doused within 15 minutes, officials said, adding that nobody was injured in it.

Eveready's target to double revenue in 3-4 years, says MD Suvamoy Saha

The battery segment expects to grow at 7-8 percent, says Saha

Epsilon Advanced Materials to invest $650 million in EV battery components facility in US

Epsilon Advanced Materials will establish a 50,000 TPA synthetic graphite anode manufacturing facility in the US.

Battery-tech startup EMO Energy raises $1.2 million in seed funding round

EMO offers battery packs for light electric vehicles (EVs) using its proprietary cell agnostic technology, ZEN provides fire safety and 20-minute fast charging among other features.

Panasonic sees higher profit this year on robust battery demand

The industrial conglomerate, which supplies batteries to U.S. EV leader Tesla Inc, is expanding its energy business just as persistently high inflation rates worldwide dampen consumer sentiment.

Tesla taps Asian partners to address 4680 battery concerns

The electric-vehicle maker is recruiting Chinese and Korean materials suppliers to help lower the cost and boost the energy of its newest battery cells, even as the company struggles with battery-related performance and production issues that have helped delay the launch of its futuristic Cybertruck, according to people familiar with the plans.

World Mobile Congress 2023 | Realme launches the world fastest charging phone | Realme GT3

Realme has launched Realme GT3, its next-generation speed flagship with the world's fastest charging, at Mobile World Congress 2023. Realme will be the first brand to mass produce the 240W fast charging technology. With a ground-breaking 240W, the Realme GT3 offers not only the fastest charging ever, but will also be the fastest charging power for years to come, as it has reached the maximum charging power possible under USB-C standards. Watch the video to find more details on the world’s fastest-charging phone

The Green Pivot: EVs will reach critical mass this year 

From a total cost of ownership (TCO) perspective, EVs are already competitive, even at today’s pricing levels 

EV financing startup Vidyut raises $4 million in seed funding

Founded in 2021 by Gaurav Srivastava and Xitij Kothi, Vidyut aims to make commercial EV ownership affordable and a risk-free proposition for customers through its ownership plans

South Korea truckers strike again with auto, battery supply chains at risk

With fuel costs soaring, the truckers are calling on the government to make permanent a minimum-pay system known as the 'Safe Freight Rate' that is due to expire by the end of the year, and to expand benefits for truckers in other industries, including oil tankers.

Infosys to digitise and automate processes at Envision AESC's EV battery manufacturing plants

Envision and Infosys will co-develop a cloud-based, modular platform that leverages AWS Cloud components of Infosys Cobalt to “digitise key processes that require a high level of human intervention”