Auto-electrical components manufacturer, Lucas TVS eyes li-ion battery manufacturing

Joining the growing list of companies venturing into battery cell manufacturing in India, motor vehicle manufacturing company, Lucas TVS on Saturday (August 26) announced it will b... Read More

Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th... Read More

MHI appoints Engineers India Limited to monitor progress of ACC-PLI scheme beneficiaries

The Ministry of Heavy Industries (MHI), Government of India on Thursday (August 24) announced that it has appointed Engineers India Limited (EIL) as Independent Engineer ... Read More

Bengaluru-based Nsure to foray into lithium-ion cell manufacturing; 1GWh plant set to come up in Karnataka

Bengaluru-based Nsure Reliable Power Solutions (Nsure) on Wednesday announced it will soon be entering into lithium-ion cell manufacturing in India with an initial production ... Read More

Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ... Read More

GM invests in AI-enabled battery material innovator Mitra Chem

AI-enabled battery materials innovator, Mitra Future Technologies (Mitra Chem) has completed a $40 million first close of $60 million Series B funding round led by General Motors (... Read More

JLR’s used EV batteries to power one of the largest energy storage systems in the UK

With its ambition to adopt circular economy principles, Jaguar Land Rover (JLR) has announced it will use second-life Jaguar I-PACE batteries to develop one of the largest ene... Read More

Stellantis bolsters electric future with $100M investment in CTR

Leading multinational automaker Stellantis N.V. has announced an investment of more than $100 million in battery-grade lithium producer, Controlled Thermal Resources Holdings (CTR)... Read More

Daily Shorts: China prepares to recycle old wind and solar equipment, Ford plans plant in Canada and more

China announced plans to set up a recycling system for old solar panels and wind turbines to manage equipment slated for retirement in the coming years. Multiple state agencies rel... Read More

Amara Raja starts E Positive Energy Labs, second pillar of Telangana Giga Corridor

Amara Raja Batteries Ltd held the foundation stone laying ceremony of Amara Raja advanced energy research & innovation centre called 'E Positive Energy Labs' at the GMR Aerocit... Read More
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