Li-ion cells

The New Delhi-based electric mobility firm has launched electric vehicle (EV) battery packs using lithium-ion cells from China’s Contemporary Amperex Technology Co. Ltd. (CATL).

The Production-Linked Incentive (PLI) scheme in batteries and solar will help India graduate from a passive recipient to an active driver in the global clean-tech story.

The Indian lead-acid battery major would form a new strategic business unit for lithium cells and battery packs, electric vehicle (EV) chargers, energy storage systems, and other related products and services as it looks to reposition itself as an energy and mobility player.

The Indian automotive battery major has announced the setting up of a 50 MW solar power plant in Chittoor District of Andhra Pradesh. The plant—to be built at INR 220-crore investment—will help reduce the manufacturer’s carbon footprint while lowering its electricity bill. The firm, which has already set up a pilot plant facility for Lithium-ion cell development, is also mulling investments into energy storage for the renewables sector.

A new report says that the nation would require an estimated annual battery capacity of 158 GWh to realize its 2030 electric vehicle (EV) adoption target. Meeting this potential demand would require investments exceeding INR 85,900 crore (US$ 12.3 billion) in case battery manufacturing is 100% indigenized.

An ambitious, INR146,000 crore, five-year expansion of a previous domestic industry spending program includes money to attract investment into the sustainable energy and transport technologies.

Electric vehicles will account for 65-75% of new three-wheeler (3W) sales by 2030. Intra-city transport buses will see 25-40% EV penetration and two-wheelers 25-35%. In four-wheeler passenger vehicles, the market will be driven by shared mobility, while just 10-15% of new car sales for personal mobility will be electric.

The selected party will provide funding support of Rs 4 crore by way of design and development of machinery for lithium- and sodium-ion battery cell manufacturing. September 30 is the deadline to submit the interest.  

The coal tar derivates company has commissioned a 5000-tonne per annum facility to manufacture synthetic graphite anode materials for lithium-ion batteries. It plans to invest US$ 70 million (Rs 520 crore) over the next five years to increase this capacity to 50,000 tonnes.

The industry body has recommended a series of measures including a continuation of FAME II Scheme to 2025, short-term booster incentives for consumers and support for in-house R&D to boost the electric vehicle sector.