Agratas, the global battery business of the Tata Group, is advancing construction work on its battery manufacturing facility in Sanand, Gujarat, which is planned to have an annual capacity of 20 GWh in its first phase. The company said the structural steel framework is nearing completion as activity accelerates across the site. Agratas is also […]
Gujarat Fluorochemicals Limited has announced that the International Finance Corporation will invest about USD 50 million in its subsidiary GFCL EV Products Limited to develop an integrated battery materials facility. The investment will be made through compulsorily convertible instruments and is intended to expand domestic capacity in battery chemicals, cathode active materials and binders. According […]
Honda Motor Co., Ltd. has announced an investment in OMC Power Private Limited, an India-based distributed power and mini-grid company, to support the launch of a leasing business for uninterruptible power supply (UPS) devices using Honda’s portable and swappable batteries. The initiative is scheduled to begin in January 2026. Honda and OMC Power have been […]
Ola Electric Mobility Limited has received certification from the Automotive Research Association of India (ARAI) for its indigenously developed 5.2 kilowatt-hour (kWh) battery pack based on 4680 Bharat Cell technology. The certification, granted under the AIS-156 Amendment 4 standards issued by the Ministry of Road Transport and Highways, makes Ola the first Indian electric vehicle […]
Micelio Mobility’s “Closing the Loop: Building a Roadmap for Battery Circularity in India” report has identified the creation of a circular economy for batteries as a key priority for India’s electric mobility sector. The report was released during the company’s Global Clean Mobility Summit 2025 held in Bengaluru. The report projects that India’s demand for […]
TDK Corporation, an electronic components company, has inaugurated a lithium-ion battery manufacturing plant in Sohna, Haryana. The facility is designed to produce around 200 million battery packs annually, which the company said will meet about 40 percent of India’s annual requirement of 500 million packs. According to information released at the event, the plant is […]
Ashok Leyland announced plans to invest more than INR 50 billion over the next 7–10 years to develop and manufacture next-generation batteries in India. The investment will cover both automotive and non-automotive applications, including energy storage systems. The company has signed a long-term exclusive partnership with China-based CALB Group for the initiative. The agreements were […]
Suzuki Motor Corporation has launched its first Made-in-India global strategic battery electric vehicle, the e VITARA, and commenced local manufacturing of hybrid battery electrodes at its plant in Hansalpur, Gujarat. Electric vehicles produced in India will now be exported to over 100 countries, including markets in Europe and Japan. The hybrid battery electrode manufacturing initiative […]
Hindalco Industries has invested INR 180 billion in India during FY25, its highest annual capital expenditure in nearly a decade, and reiterated a USD 10 billion investment plan over the next five years across operations in India and through its subsidiary Novelis. Chairman Kumar Mangalam Birla said the strategy is to strengthen both upstream and […]
Exide Industries Limited, a manufacturer of storage batteries, has invested INR 1 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. With this infusion, Exide’s total investment in EESL now stands at INR 37.02 billion. The transaction does not affect Exide’s 100 percent ownership of the subsidiary. EESL, incorporated in […]
