What’s next for India’s battery manufacturing industry in 2024?

An artistic rendition of Ola Giga Factory. Source: Ola Electric Mobility.

The year 2024 will prove to be a notable year for India's domestic cell manufacturing industry. After years of laying the policy and regulatory groundwork for building a domestic c...

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India unveils new EV policy to make country a global manufacturing hub

A Tesla employee makes cars a the company's Fremont factory in USA. Image: Tesla

India has approved a scheme to promote the country as a manufacturing destination for electric vehicles, a release on the Press Information Bureau, the country's government news se...

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ACC PLI: MHI convenes pre-bid meeting for remaining 10GWh of ACC manufacturing

The Ministry of Heavy Industries has successfully concluded a pre-bid meeting for the remaining 10GWh of advanced chemistry cells (ACC) manufacturing capacity under the A...

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Govt. invites bids for 10GWh Advanced Chemistry Cell (ACC) battery manufacturing

India's Ministry of Heavy Industries (MHI) on Wednesday (Jan. 24) opened the re-bidding process for the remaining 10GWh capacity under the Production Linked Incentive (PLI)&nb...

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India could easily surpass 150GWh ACC battery manufacturing target

Jayesh Ranjan, Principal Secretary, Industries & Commerce (I&C) and IT, Govt of Telangana addressing teh iaugural session at India Battery Manufacturing 7 Supply Chain Summit 2024 in Hyderabad on Tuesday (Jan. 23, 2024).

India Energy Storage Alliance (IESA) on Tuesday kicked off its third annual battery manufacturing and supply chain convention in Hyderabad city on Tuesday (Jan. 23) to deliber...

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IESA pre-Budget recommendations to strengthen India's energy security

Image: Shutterstock

The India Energy Storage Alliance (IESA), the country's premier industry body for companies operating in the energy transition space, has submitted its pre-Budget recommendati...

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Ola Electric raises ₹3,200 crores for its upcoming battery cell facility

Image for representation purposes only. Source: Ola Electric

Indian EV firm Ola Electric has announced the successful closure of funding round amounting to ₹3,200 crores ($380 million) in a mix of equity and debt from from Tem...

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Auto-electrical components manufacturer, Lucas TVS eyes li-ion battery manufacturing

Joining the growing list of companies venturing into battery cell manufacturing in India, motor vehicle manufacturing company, Lucas TVS on Saturday (August 26) announced it will b...

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MHI appoints Engineers India Limited to monitor progress of ACC-PLI scheme beneficiaries

The Ministry of Heavy Industries (MHI), Government of India on Thursday (August 24) announced that it has appointed Engineers India Limited (EIL) as Independent Engineer ...

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ACC-PLI: MHI holds stakeholder consultation for balance 20GWh capacity

The Ministry of Heavy Industries, Government of India on Monday concluded a stakeholder consultation regarding re-bidding of balance 20GWh (of 50GWh) Advanced Chemistry Cell (ACC) ...

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Panasonic in talks to set up battery manufacturing plant in India

Japanese electronics major, Panasonic is in talks with senior government officials in India to set up a battery manufacturing plant under the PLI scheme for Advanced Chemistry Cell...

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ETN Roundtable: Addressing the financial gap in India’s EV transition

India has made a strong commitment to e-mobility. The country's EV transition is gaining traction due to demand creation, State EV policies, and domestic manufacturing. Concurrentl...

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Reliance New Energy, Ola Electric, and Rajesh Exports Ltd signs program pact under ACC-PLI scheme: MHI

Ministry of Heavy Industries has announced that three selected bidders signed the Program Agreement under Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC)...

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Battery Nation in the making

The government push for battery cell manufacturing in India on a larger scale had begun a while ago, but it is with the introduction of the PLI schemes for ACC and electric vehicle...

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Raw material ambition: Local content to global supply

The overwhelming response to the ACC PLI scheme has set the ball rolling for giga-scale manufacturing of battery cells in India. It has also opened up the space for raw material co...

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Action stations for a battery nation in the making

To speed up the shift towards energy storage, renewable energy, and EVs, PM Modi announced at COP26 a target of 500 GW of non-fossil fuel energy usage by 2030. The FAME II, the Aut...

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NITI Aayog releases draft battery swapping policy for stakeholder comments

During the COP26 summit in Glasgow, India committed to reducing carbon emission intensity by 45 percent, taking our non-fossil energy capacity to 500 GW by 2030, meeting 50 percent...

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ACC PLI – key milestone in a long journey, just begun

In a major milestone for the energy storage industry, in March 2022 the Indian government announced the winners of the Production Linked Incentive (PLI) scheme for advanced battery...

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ACC PLI: It's official now, Ola, Hyundai, Reliance New Energy Solar, and Rajesh Exports qualify

Confirming earlier media reports, four companies namely, Ola Electric Mobility, Hyundai Global Motors, Reliance New Energy Solar, and Rajesh Exports are selected for incentive unde...

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Year of the Li-ion: Time to scale up

You can hear it … almost distinctly now… the footfall of the battery era. It's here to stay one would like to believe, for a lot rests on it; the present and most definitely the fu...

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ACC PLI scheme: Reliance, Ola, Hyundai, Rajesh Exports qualify for incentives

Ola Electric Mobility, Hyundai Global Motors, Reliance New Energy Solar, and Rajesh Exports have successfully cleared the technical bids evaluation by Union Ministry of Heavy Indus...

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Budget 2022: Energy storage, EV, and related industries pinning high hopes

IESA's Executive Director Debi Prasad Dash, in his recommendations to Union Finance Minister Nirmala Sitharaman has outlined key policy measures and suggestions from the domestic c...

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ACC-PLI scheme: Amara Raja, Exide, L&T, Lucas TVS and Ola Electric among 10 firms looking to set up giga factories in India

Top companies in India including Reliance Industries, Larsen & Toubro, Exide, Amara Raja, Lucas TVS, Mahindra and Mahindra, and Ola Electric Mobility are among the 10 comp...

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