Page 2 - Lithium Battery

Ashok Leyland ties up with China's CALB to advance lithium-ion battery tech

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

Tesla Group and SRAM & MRAM to build EV battery gigafactories in India

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

Ashok Leyland forays into battery ecosystem; Nomura analyses implications

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.

Lithium stocks rally as CATL mine halt raises prospects of tighter supply

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

CATL suspends production at Jianxiawo lithium mine in China: Report

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

Exide's Q1 surprise triggers mixed analyst calls; what should investors do?

Looking ahead, Nomura maintained its 'Neutral' rating on Exide Industries share, though it raised the SOTP-based target price to ₹404 from ₹392.

India's lithium-ion battery demand to reach 115 GWh by 2030: ICEA

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

Govt plans additional Rs 5,400 crore VGF to create 30 GWh battery storage

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 leads India's march towards sustainable energy storage solutions

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 leads India's march towards sustainable energy storage solutions

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 leads India's march towards sustainable energy storage solutions

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

Battery storage PLI scheme likely to be tweaked to add more sectors

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

Can you still use power banks on planes? Some airlines tighten the rules

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

China's EV battery waste boom sparks gold rush in recycling sector

Battery recycling of electric vehicles (EV) is essential for sustainability, cost-efficiency, and resource security

Indian delegation to visit Chile, seek stake in SQM's lithium projects

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

Fall in lithium battery prices will boost EV sector, says Nitin Gadkari

Union minister Nitin Gadkari has said reduction in the cost of lithium batteries would significantly lower the price of electric vehicles (EVs), making them more affordable for consumers. Pollution is India's biggest challenge and the transport sector is a major contributor, Gadkari on Monday said, stressing the urgent need to transition from fossil fuels to alternative energy sources. The Union minister for road transport and highways asserted the ongoing advancements in battery technology were key to India's transition to sustainable transport. He said India's dependence on fossil fuels is both an economic burden, as Rs 22 lakh crore is spent annually on fuel imports, and an environmental hazard, making clean energy adoption crucial for the nation's progress. Speaking at the launch of an eco-friendly electric cycle in Thane, the minister said cycling needs to be promoted as a sustainable urban transport option in view of increasing urbanisation. The rapid growth of India's ...

Li-ion batteries under safe harbour rules; threshold raised to Rs 300 cr

These changes for businesses engaged in international transactions will apply to assessment years 2025-26 and 2026-27

Chinese lithium firm halts sorbent exports as Beijing tightens tech control

Jiangsu Jiuwu Hi-Tech told customers last month it would stop exporting a piece of filtration equipment known as a sorbent from February 1

Exide, Amara Raja stocks rise as Budget 2025 proposes custom duty exemption

Budget 2025 analysis: During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman said today that battery-related raw material will be exempted from custom duties

DGCA warns Akasa Air for violating dangerous goods transport regulations

During the inspection, the regulator found that electronic devices containing lithium batteries were being accepted without proper checks or verification of battery power