battery

Mahindra Opens New SUV Safety and Battery Research Facilities in Tamil Nadu

October 29, 2024

Mahindra & Mahindra (M&M) has inaugurated two new testing facilities in Kanchipuram, Tamil Nadu, aimed at enhancing SUV safety and advancing battery technology. These facilities, including a passive safety lab and a battery and cell research lab, represent an investment of over ₹300 crore, according to a press release issued by the company. The passive […]

GFCL Secures ₹1,000 Crore Investment for EV Battery Materials Expansion

October 28, 2024

Gujarat Fluorochemicals Limited (GFCL) has secured a capital investment of ₹1,000 crore for its electric vehicle (EV) battery materials subsidiary, GFCL EV Products. The investment round was led by InoxGFL Group promoters, alongside contributions from other investors and family offices from major Indian business groups, as stated in a company press release. This funding values […]