Page 2 - Lithium Battery

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

LICO Materials opens 'zero-liquid-discharge' battery recycling facility

Lithium-ion battery recycling and refurbishing firm LICO Materials on Friday announced the inauguration of a battery recycling facility in Bengaluru and said it will invest Rs 250 crore in its downstream hydrometallurgy plant in next two-three years. The 4 GWh per annum in-feed capacity plant in Bengaluru will address the challenges of securing a stable supply of critical materials and contribute to India's ambition of achieving 30 per cent electric vehicle (EV) adoption by 2030, LICO said. The company said it aims to scale up capacity at the facility to 10 GWh in the next 3-4 years. With India's EV industry expected to grow by 250 per cent and energy storage sector to reach 42GW by 2032, recycling of used batteries will play a crucial role in recovering critical minerals to support the battery circular economy, according to the company. "The new facility marks a significant milestone in our journey to redefine lithium-ion battery recycling and repurposing in India. As we scale up

Over 100 global firms to showcase innovations at Bharat battery show in Jan

Over 100 global firms from countries like the US, Japan, China and India will showcase cutting-edge innovations at the Bharat Battery Show in January 2025. The second edition of the Bharat Battery Show (as part of the Bharat Mobility Global Expo 2025) is shaping up very well with the global participation of companies from various countries, a statement said. According to the statement, a Singaporean delegation will visit the global expo to explore Indian market opportunities. Bharat Mobility, led by the Ministry of Commerce and Industry, is a landmark event. It is set to bring together over 1,000 exhibitors and attract more than 5,00,000 visitors from over 50 countries, it added. Over 100 global companies from the US, Japan, Korea, Singapore, China, and India will showcase cutting-edge innovations at the Bharat Battery Show, the statement said. The India Energy Storage Alliance (IESA), a prominent industry partner for the mega event, will play a key role by hosting the Bharat Batt