Battery Cell Manufacturing
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Opportunity India Desk Feb 10 2023 - 2 min readThe Union Minister of State for Heavy Industries, Krishan Pal Gurjar said that MHI has launched two Production Linked Incentive (PLI) Schemes, namely PLI Scheme for Automobile and Auto Component Industry, and PLI Scheme for National Programme on Advanced Chemistry Cell (ACC) Battery Storage. The minister, in a written reply in ...
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Abhishek Kumar Singh Feb 10 2023 - 2 min readNot more than after a fortnight the government announced extension of concessional duty on Lithium Ion Batteries for another year, seems like there would be very less need to import them. The Ministry of Mines, on Thursday, announced that Salal-Haimana in Jammu & Kashmir (J&K)’s Reasi district has Lithium Reserves of around 5.9 ...
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Abhishek Kumar Singh Jan 23 2023 - 3 min readDeep-tech Battery start-up Log9, has raised a fresh round of capital worth USD 40 Mn (INR 32 Cr) as a part of its Series B Funding. Investors like Amara Raja Batteries Ltd. and Petronas Ventures were a part of this funding round. Other investors in this round were Incred Financial Services Private Ltd., Unity Small ...
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Opportunity India Desk Aug 01 2022 - 2 min readOla Electric will be one of three Indian businesses working on manufacturing locally manufactured electric car battery cells in an effort to strengthen the country's EV infrastructure. Ola Electric, Reliance New Energy, and Rajesh Exports have signed deals worth INR 18,100 crore under the Centre's Production Linked Incentive (PLI) scheme. Ola Electric, which ...
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Abhishek Kumar Singh Apr 22 2022 - 3 min readA start-up from Bengaluru, Log 9 Materials, announced to open first cell manufacturing facility in India to nurture the electric vehicle ecosystem. This manufacturing facility will also to be South East Asia’s largest cell production line. This is a step forward to help India’s vision of ‘Zero-emission’ by year 2070. This cell manufacturing facility located ...