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Lucas TVS join hands with 24M to set up giga factory near Chennai

Plant likely to begin commercial production in H2 of 2023; Lucas plans to grow capacity to a globally competitive scale of 10 GWh in two stages

Topics
Lithium battery | Chennai

Shine Jacob  |  Chennai 



Lucas TVS
Lucas TVS

Leading automotive electrical components manufacturer Lucas TVS and 24M Technologies, developer of next generation lithium-ion battery technologies, announced the signing of a license and services agreement to construct one of the first giga factories in India using 24M’s SemiSolidTM platform technology.

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First Published: Tue, August 31 2021. 19:13 IST

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