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EV battery manufacturing

IndianOil to produce non-lithium EV batteries

The state-run fossil fuel giant has partnered with an unnamed foreign start-up to produce electric vehicle batteries using raw materials easily available in India.

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Battery maker CATL ramps up investment in German gigafab to €1.8 billion

Previously, a mere €240 million (Rs1,870 crore) was set to flow into the giga-factory. The corporation’s management reasoned new demand for its battery cells made more investment necessary.

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