At the middle of this optimism is RIL's first battery Giga factory in Jamnagar, slated to start operations in early calendar year 2026 (CY26) with a production capacity of 40GWh per year.
The project, being developed with lithium-ion battery technology, is in the advanced stages of deployment at Khavda in Gujarat
The move will help in tiding over the new stringent restrictions imposed by China on transfer of technology and processes of making battery materials
Carbon materials manufacturer TACC Ltd on Wednesday said it has received a credit facility of Rs 1,230 crore sanctioned by the State Bank of India for the Lithium-ion battery grade graphite anode facility. The funding will be utilized to support the company's upcoming greenfield manufacturing facility in Dewas, Madhya Pradesh, which will produce 20,000 MTPA of lithium-ion battery-grade graphite anode material, a company statement said. The facility will be among the first of its kind in India, marking a major step toward building a self-reliant domestic ecosystem for advanced energy materials, according to TACC Ltd, a wholly-owned subsidiary of HEG Ltd and part of the LNJ Bhilwara Group. TACC aims to contribute to India's self-reliance in critical technologies by establishing local manufacturing capabilities for battery-grade graphite anodes -- a key component of lithium-ion batteries used in electric vehicles and energy storage systems. This facility represents a significant step
For FY26, Amara Raja has planned ₹1,200 crore in capex, split into ₹800 crore for lithium and ₹400 crore for LAB.
Ashok Leyland's collaboration with a Chinese cell-making behemoth, if successful, could serve as a test case for some of the largest Indian conglomerates
Battery energy storage systems maker Tesla Group a. s. and SRAM &AM Group, a global leader in technology and sustainable development, have inked a USD 1 billion agreement to set up electric vehicle battery facilities in India and other countries, according to a company official. As per the agreement, a total of five EV battery factories, also called gigafactories, will be set up in India and 15 other countries such as the US, Malaysia, Oman, Brazil, the UAE, and Cambodia, Sailesh L Hiranandani, Chairman of SRAM &AM Group, said in a statement. "The collaboration will create one of the largest battery manufacturing and storage supply chains for electric vehicles (EVs) globally," he added. SRAM &AM Group will lead efforts to secure single-window approvals, grants, subsidies, tax incentives, and local partnerships, while TESLA Group a.s. will oversee the design, engineering, and construction of these cutting-edge facilities to ensure seamless execution, he said. "By combining
Nomura noted that management remains mindful of internal rate of return (IRR) and intends to step up into full-fledged cell manufacturing only if reasonable returns are visible.
In premarket trading, Albemarle Corp jumped nearly 9 per cent, while Chile's Sociedad Quimica y Minera rose 6.5 per cent and Lithium Americas gained nearly 9 per cent
Chinese battery manufacturer announced internally that the Jianxiawo mine would be halting operations temporarily, the report said, adding that affiliated refineries in nearby Yichun had been informed
Looking ahead, Nomura maintained its 'Neutral' rating on Exide Industries share, though it raised the SOTP-based target price to ₹404 from ₹392.
EVs to drive India's lithium-ion battery demand to 115 GWh by 2030, ICEA report says, warning of $5 bn import exposure and underutilised recycling capacity
Centre also extends ISTS charges waiver for BESS and storage projects till June 2028, plans 1,100 kV UHV lines and revises RoW compensation linked to land value
Boson Cell launches two lithium variants to support India's clean mobility, drone, and renewable sectors, aligning with the Atmanirbhar Bharat energy self-reliance mission
Boson Cell launches two lithium variants to support India's clean mobility, drone, and renewable sectors, aligning with the Atmanirbhar Bharat energy self-reliance mission
Boson Cell launches two lithium variants to support India's clean mobility, drone, and renewable sectors, aligning with the Atmanirbhar Bharat energy self-reliance mission
As of now, the plan is to extend coverage to all sectors or all aspects of batteries like data centres, telecom towers, power backups, etc
After a tarmac fire destroyed an aircraft in South Korea, airlines and regulators across Asia and the US are tightening rules around power banks and lithium batteries
Battery recycling of electric vehicles (EV) is essential for sustainability, cost-efficiency, and resource security
Government-backed Khanij Bidesh India Ltd (KABIL), Coal India, Oil India, and ONGC Videsh are in talks with SQM for stakes of 20 per cent in its Mount Holland and Andover projects in Australia