Amara Raja Energy & Mobility has increased its stake in EV battery specialist InoBat to 9.32% with a further investment of EUR 20 million into the company.
Kabra Extrusion Technik will produce advanced battery energy storage system (BESS) solutions based on battery cells from China’s Eve Power.
Advancement in mineral processing and beneficiation technology remains critical for commercialisation of domestic critical mineral resources.
The influx of affordable Chinese green products is pressuring local industries in major economies, particularly the U.S. and Europe, driving down prices and potentially stifling domestic innovation due to competitive disadvantages.
Battery prices reached an all-time low in 2023 led by the moderation in raw material prices amid the increase in production across the value chain
India is investing in facilities and infrastructure to recycle batteries and recover valuable materials like lithium, cobalt, and nickel. By doing this, we can reduce our need for new materials and minimize the environmental impact of battery production.
Overcoming industry challenges requires collective efforts and partnerships that foster innovation and shared growth. This is why digital ecosystems are now becoming the buzz words and a necessity for the manufacturing companies in the renewable energy value chains.
Nitin Gupta, CEO and co-founder of Attero (India’s largest end-to-end e-waste management and Li-ion battery recycling company), shares the prospects of lithium battery recycling in India, recycling methods in use, and approaches to make the process efficient and green.
The partnership with Exide Energy enables Hyundai Motor and Kia to equip their future electric vehicles (EVs) in the Indian market with locally produced lithium-iron-phosphate (LFP) batteries.
Panasonic Energy and IndianOil have started discussing the framework for the formation of joint venture to manufacture cylindrical lithium-ion batteries in India. The JV will cater to the battery demand for two- and three-wheel vehicles and energy storage systems in the Indian market.
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