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Neuron Energy to invest more in lithium-ion battery pack business.

Neuron Energy, which manufactures lithium-ion for electric 2-wheelers and 3-wheelers in India,recently said it plans to invest ₹50 crore in the Li-Ion battery pack segment. “The investment will be split between ₹35... Full Story

Ola Electric to manufacture Li-ion cells for steady raw material supply.

Ola Electric - in conjunction with stakeholders - is putting together a plan to ensure a stable supply of raw materials, which... Full Story

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Attero Recycling to set up ₹600-crore Lithium-ion battery recycling plant in Telangana.

Attero Recycling, electronic waste Li-ion battery recycling company, will invest ₹600 crore to set up a latest integrated Lithium-ion battery... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

BPCL, VoltUp to set up 650 battery swapping stations across 50 cities.
State-run Bharat Petroleum Corporation (BPCL) has partnered with battery-as-a-service (BaaS) start-up, VoltUp, to set up 650 swapping stations with over 7,800 charging docks across 50 cities in... Full Story
Exide Industries gains on commencing work on lithium-ion cell manufacturing facility.
Exide Industries advanced 2.23% to Rs. 157.95 after the company announced the bhoomi poojan ceremony for its first lithium-ion cell manufacturing facility at the Hi-Tech... Full Story
Govt to provide Rs. 120 crore incentives for drone manufacturing.
The government will provide Rs. 120 crore as incentives for the manufacturing of drones and drone components over the next three years under the production-linked... Full Story
Defence ministry extends clearance with one-year validity to telcos for laying, maintaining undersea cables.
The defence ministry has extended clearance with one-year validity to telecom companies for laying and maintaining undersea cables, the Department of Telecom said recently. Earlier, telecom operators were required to seek... Full Story
Exide to build INR 6,000 cr gigawatt-scale li-ion plant with SVOLT knowhow.
India's largest automotive battery maker Exide Industries is all set to invest INR 6,000 crore to establish a lithium-ion cell manufacturing plant in the country in collaboration... Full Story
Anand Group plans $150-million electric push.
The $1.5-billion diversified auto component major Anand Group is planning to invest over $100-150 million in future mobility business led by ventures in electric vehicle space. The group that runs over... Full Story
Simple Energy ties up with US-based C4V to manufacture lithium-ion cell in India.
Electric vehicle start-up Simple Energy has signed an agreement with US-based C4V, a lithium-ion battery technology company, for setting up a lithium-ion cell manufacturing ecosystem in India. “Simple Energy is leading... Full Story
Mahindra & Mahindra in the hunt for a partner for battery storage PLI scheme.
Tractor and utility vehicle specialist Mahindra & Mahindra (M&M) will explore a partnership arrangement for tapping the government announced production linked incentive (PLI) scheme on... Full Story