January 15, 2025
Ace Green Recycling, Inc. has announced plans to establish a lithium and lead battery recycling facility in Mundra, Gujarat. The facility is projected to have a recycling capacity of 10,000 metric tons of lithium iron phosphate (LFP) batteries annually by 2026, according to a press release issued by the company. The site, located near the […]
January 15, 2025
Neuron Energy has announced the launch of a new manufacturing facility in Chakan, Pune, during the Bharat Mobility Global Expo 2025. The facility, which represents an investment of ₹25 crore, is designed to produce 1.5 GWh of lithium-ion batteries annually. The company aims to address the growing demand for electric vehicle (EV) batteries and energy […]
January 14, 2025
Interarch Building Products Limited has secured orders worth ₹221 crore for two major infrastructure projects in India’s semiconductor and lithium-ion battery manufacturing sectors. According to the company’s press release, the projects are part of ongoing efforts to enhance domestic manufacturing capabilities in these key industries. The first order involves the construction of a semiconductor manufacturing […]
December 31, 2024
BatX Energies Pvt. Ltd has inaugurated a new lithium-ion battery recycling facility, referred to as Critical Minerals Extraction Plant (HUB-1), in Sikandrabad, Uttar Pradesh. This plant is designed to extract critical materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, with applications in electric vehicle (EV) battery production and other industries. The […]
December 21, 2024
Hyundai Motor India Ltd. has signed an agreement with Exide Energy Solutions Ltd., a subsidiary of Exide Industries, to procure domestically manufactured lithium-iron-phosphate (LFP) battery cells for its electric vehicles (EVs). The move supports local sourcing of critical EV components and reduces dependency on imports, according to a press release issued by the company. Under […]
December 14, 2024
Saint-Gobain has launched a new production line in India to manufacture components for electric vehicle (EV) batteries. The facility is focused on localized production of essential components, including battery pack seals, compression pads, thermal management solutions, thermal runaway solutions, and dielectric insulation materials, tailored to meet the specific needs of the Indian EV market. According […]
December 13, 2024
LICO Materials has launched a battery recycling facility in Bengaluru capable of processing 17,500 metric tonnes of lithium-ion batteries annually. The plant currently has an infeed capacity of 4GWh per year, with plans to increase this to 10GWh in the near future. The facility is designed to recover critical materials such as lithium, cobalt, and […]
December 2, 2024
Exide Industries has invested ₹99.99 crore in its wholly-owned subsidiary, Exide Energy Solutions (EESL), through a rights issue, bringing its total investment in the company to ₹3,052.24 crore. The investment retains Exide’s 100% ownership of EESL and supports the subsidiary’s ongoing projects, including a greenfield manufacturing facility in Bengaluru. Established in March 2022, EESL focuses […]
November 29, 2024
Ashok Leyland representatives, N.V. Balachander and T. Sasikumar, recently discussed the company’s advancements in research and development and plans for significant investments in battery manufacturing. During the meeting, proposals for land allocation were presented, aimed at facilitating the company’s battery manufacturing initiatives. The discussion also included an invitation for Ashok Leyland to participate in the […]
November 12, 2024
Nupur Recyclers Limited (NRL) has announced plans to broaden its recycling operations with a new facility focusing on metal scrap processing and lithium-ion battery recycling, expected to be operational by 2027. This expansion will add to the company’s current focus on non-ferrous metal scrap recycling, allowing NRL to handle a wider range of recyclable materials. […]