PowerHive, the battery and energy storage arm of Vikram Solar, has launched its VION lithium battery product range, marking the company’s entry into distributed battery storage for electric mobility and residential energy backup.
Ashok Leyland, a Hinduja Group-owned commercial vehicle manufacturer, has begun the construction of a greenfield EV battery pack manufacturing facility at Pillaipakkam near Chennai. The project would entail an investment of INR 400-500 crore.
India’s journey toward electric mobility is not just about reconnecting with a global trend, it’s a movement rooted in the spirit of Aatmanirbhar Bharat and Make in India. What makes our transition extraordinary isn’t just the scale, but the fact that we’re building this transformation from the ground up.
OMC Power, a distributed renewable energy (DRE) company targeting 1 GWp clean energy portfolio in India, and Honda Motor have partnered on innovative business models in energy storage and battery repurposing from the electric mobility ecosystem.
Industry players speak to pv magazine about whether China’s decision to tighten export controls on key minerals and technologies for lithium batteries will cause a short-term disruption or lead to a long-term strategic realignment of the global supply chain.
As most imported battery cells are not designed for India’s conditions, localization of battery design and strict adherence to AIS-156 and BIS safety standards is absolutely critical.
The India Energy Storage Alliance (IESA) has welcomed the streamlining of the GST rate for all advanced batteries under heading 8507 to a uniform 18%, replacing the earlier regime where lithium-ion batteries were taxed at 18%, while other chemistries attracted a 28% GST.
Lohum stated its new lithium refinery will have the capacity to produce 1,000 metric tonnes annually.
CLN Energy has secured an order with a Singapore-based multinational company to supply lithium-ion batteries, cabinets and other related items.
Inverted has unveiled plans to establish a fully automated battery plant in Ghilot, Rajasthan, with an annual production capacity of 5 GWh. The 4-acre facility will produce battery solutions for four-wheelers, light commercial vehicles and battery energy storage systems.
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