EV batteries

India eyes South America’s lithium reserves for battery manufacturing

As India plans to set up large lithium-ion battery plants, the Lithium Triangle countries in South America (comprising Chile, Argentina and Bolivia) have offered to meet India’s growing demand for lithium.

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The long read: PV’s Polish cold turkey

Considering the remarkable advances made by the solar sector since the Rio ‘Earth Summit’ of 1992, PV was notable by its absence at the Convention of Parties climate change summit held by the UN in Poland.

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IESA calls for swift launch of National Energy Storage Mission

“We urge the government to take swift action in launching the National Energy Storage Mission in order to support the development of an R&D and manufacturing ecosystem for energy storage and electric vehicles,” said Rahul Walawalkar, president of the India Energy Storage Alliance.

Tamil Nadu to get 2,000 electric buses with German aid

For the purchase, the government of Tamil Nadu is seeking a loan from German state-owned development bank KfW, at an interest rate of 2%, according to reports.

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Customs duty on EV components slashed to 10-15%

To encourage Make In India, the Indian government has slashed the customs duty on electric vehicle (EV) parts and components to 10-15%. Earlier, EV parts and components imported for assembly in India attracted duties of between 15 and 30%. The move will eventually make EVs cheaper and encourage their adoption in India.

Adani pledges $4 billion for world’s largest solar hybrid park in Gujarat

Head of industrial conglomerate makes pledge at Vibrant Gujarat Summit as part of his company’s ambition to install 10 GW of renewables capacity by 2022.

BHEL and Libcoin to build India’s first lithium-ion battery gigafactory

Government-owned Bharat Heavy Electricals Limited and Australian business Libcoin are in talks to form a joint venture to build a 1 GWh production capacity lithium-ion battery plant in India that would eventually be scaled up to 30 GWh.

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Tata, Chromeni to make EV batteries in [Vibrant] Gujarat

At the ongoing Vibrant Gujarat Global Summit, Tata Group and Adani have announced plans to invest in lithium ion battery manufacturing in Gujarat. Chromeni Steels, a joint venture company of China’s Tsingshan Industries, will invest US$ 3 billion to manufacture stainless steel and electric vehicle (EV) batteries.

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