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Electric Car Battery

Epsilon plans to invest Rs 15,350 cr for EV battery facility in Karnataka

Epsilon Group on Wednesday announced its plan to invest Rs 15,350 crore in developing a manufacturing and research facility for EV battery testing and advanced materials in Karnataka. A Memorandum of Understanding (MoU) with the Government of Karnataka (GoK) has been signed to this effect at the Invest Karnataka Summit in Bengaluru, Epsilon said. This strategic investment, planned over the next 10 years, will bolster India's Electric Vehicle (EV) ecosystem, creating thousands of jobs, and strengthen India's position as a hub for advanced battery technology, it said. As part of the MoU, Epsilon Group, along with its subsidiaries Epsilon Advanced Materials and Epsilon CAM Pvt Ltd will manufacture sustainable and high-performance Graphite Anode and Lithium Iron Phosphate (LFP) Cathode battery materials while Inspire Energy Research Center Pvt Ltd will focus on R&D, testing and training for EV battery materials and battery manufacturers. The plan includes an investment of Rs 9,000 ...

Updated On: 12 Feb 2025 | 2:33 PM IST

Obligations on battery producers to increase recyclers profitability: CPCB

Financial penalties for failing to meet extended producers' responsibility obligations encourage battery recyclers and increase their profitability, said an official on Saturday. Addressing India Battery Recycling and Reuse Summit 2025, in the run-up to Bharat Battery Show, Central Pollution Control Board Director V P Yadav said,"Considering all the challenges faced by recyclers, we have designed a system in which producers who fail to meet their obligations will face financial penalties." These penalties will ultimately benefit the recyclers, as they generate credits that are then transferred to producers in exchange for compensation, he explained. "We are also encouraging recyclers because we understand that without profitability, the recycling business will not thrive. Therefore, our efforts are driven by economic factors", Yadav said at the summit organised by industry body India Energy Storage Alliance (IESA). Bharat Battery Show is a part of Bharat Mobility Global Expo 2025 .

Updated On: 18 Jan 2025 | 6:02 PM IST

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

Updated On: 09 Dec 2024 | 4:04 PM IST

Hyundai Motor joins hands with IITs on battery, electrification research

Hyundai Motor Group (the Group) plans to invest around $7 million over five years, from 2025 to 2029, to jointly conduct battery and electrification-related research with the four IIT universities

Updated On: 03 Dec 2024 | 4:32 PM IST

Apple worked secretly for years with China's BYD on long-range EV battery

Apple doesn't own any of the technology used in BYD's current Blade batteries, the partnership shows just how far the iPhone maker went in its efforts to produce a car

Updated On: 17 Oct 2024 | 8:37 AM IST

JSW MG Motor, Vision Mechatronics join hands to redefine EV batteries

JSW MG Motor India on Friday announced a collaboration with Vision Mechatronics for repurposing used electric vehicle batteries with a homegrown battery management system for second-life usage in large-scale energy storage. The project with Vision Mechatronics, a technology company in the field of second-life batteries, will initially focus on a UPS backup solution and the first product has been deployed for an industrial facility in Pune to demonstrate the versatility and effectiveness of second-life EV batteries. Under the collaboration, JSW MG Motor India will provide EV batteries that are no longer roadworthy, to Vision Mechatronics which in turn will repurpose it into a second-life large-scale energy storage application. "With Vision Mechatronics we have done a 36 kilowatt UPS, which is going to be for industrial application...This one is using the cells of a battery which is not being used as such in the cars. It's perfect in terms of repurposing of the battery and so this als

Updated On: 04 Oct 2024 | 1:10 PM IST

Govt introduces strict EC guidelines for violations of battery waste rules

Failure to meet the targets can result in financial penalties, usually called EC, promoting more sustainable waste management and encouraging eco-friendly product design

Updated On: 16 Sep 2024 | 8:40 PM IST

Govt prioritising charging infra for e-mobility growth: HD Kumaraswamy

Kumaraswamy urged the industry to collaborate and put forth dedicated efforts to help India achieve its sustainability goals while staying on track for growth

Updated On: 10 Sep 2024 | 11:19 PM IST

Reliance Infra plans to manufacture electric cars, taps ex-BYD executive

It is also looking at the feasibility of building a battery plant starting with 10 gigawatt hours (GWh) of capacity and scaling up to 75 GWh over a decade, the person added

Updated On: 06 Sep 2024 | 11:20 PM IST

Reliance Industries wins bid for govt incentives to make EV batteries

The oil-to-telecom conglomerate beat six other competitors, which included units of battery maker Amara Raja Energy and Mobility and power producer JSW Energy

Updated On: 04 Sep 2024 | 6:02 PM IST

Tata Motors partners with Octillion Power Systems for EV battery boost

This strategic move by Tata Motors comes amid industry-wide challenges in the EV market, including a decline in sales and increased competition

Updated On: 28 Aug 2024 | 11:24 AM IST

Tata Motors teams with Delta, Thunderplus to grow India's EV charging grid

Tata Motor's partnership aims to expand the availability of EV charging stations on high-traffic routes in India, especially in the commercial sector

Updated On: 21 Aug 2024 | 3:35 PM IST

Epsilon Advanced Materials seeks US trade pact for EV battery compliance

The IRA offers various incentives to accelerate EV adoption in the automotive industry. If signed, the agreement could position India as a key hub for global battery material exports

Updated On: 07 Aug 2024 | 11:20 PM IST

Sun Mobility's battery swap solution to power Odysse's e-bike Vader SM

Odysse Electric on Monday said Sun Mobility's battery swap solution will power its e-commute bike Vader SM in key international markets under a strategic collaboration with the company. This collaboration marks an important step for Odysse Electric in expanding its global footprint and accelerating the adoption of electric mobility globally, the city-based EV maker said in a statement. Odysse Electric's portfolio comprises two e-motorcycle models and five e-scooter models with variants. "Our association with Sun Mobility will enable us to bring our flagship product, Vader SM, to new markets by leveraging its advanced battery infrastructure and network," Odysse Electric Vehicles Pvt Ltd CEO Nemin Vora said. This partnership will leverage Sun's battery-swapping platform to enhance the accessibility and convenience of Vader SM for international markets, including Africa, Latin America, and Southeast Asia under the Battery-as-a-Service (BaaS) model, the company said. These vehicles wi

Updated On: 05 Aug 2024 | 6:43 PM IST

S Korea's LGES in talks with Chinese firms to make low-cost EV batteries

LGES' potential partnerships come as the global EV industry is grappling with a sharp slowdown in demand, and underscore growing pressure non-Chinese battery firms

Updated On: 24 Jul 2024 | 2:18 PM IST

Hyundai Motor, LG Energy Solution launch Indonesia's 1st EV battery plant

The plant is part of a commitment by Hyundai Motor and LGES to invest up to $9.8 billion in Southeast Asia's largest economy to develop an EV supply chain

Updated On: 03 Jul 2024 | 11:54 AM IST

Copying China's EV model wrong, cautions Bharat Forge's Amit Kalyani

One of India's leading manufacturing multinationals, Bharat Forge, on Tuesday called for a more innovative approach to electric vehicles (EVs) in the country's climate action agenda which is not based on copying China's battery-based model. Addressing India Global Forum's Climate and Business (ClimB) session in London, company vice-chair and joint managing director Amit Kalyani pointed to great potential to incorporate inductive electric charging as the highway infrastructure takes shape around the country. He highlighted that the higher price tag of EVs is largely down to the cost of the batteries and having an alternative model will have a significant impact on sales of the more environmentally-friendly mode of transport. "I believe that we are all following the wrong model because everybody is copying what China did and is using the Chinese template for electric vehicles, which is a battery-based electric model, said Kalyani. "Most countries like India, where we are building ...

Updated On: 25 Jun 2024 | 10:03 PM IST

China hits back at West's over-capacity allegations in EVs, batteries

Li also said on Tuesday that he was confident the world's second-largest economy would hit its full-year economic growth target of around 5 per cent

Updated On: 25 Jun 2024 | 11:25 AM IST

China's EV maker Nio strikes deal with larger rival BYD to source batteries

Nio currently buys most of its batteries from industry-leader CATL

Updated On: 07 May 2024 | 11:30 AM IST

Battery stocks' rally likely to extend in May after $2 billion surge

Exide and Amara Raja added a combined market value of about $2 bn in April as investors boosted their bets in the nascent clean car market

Updated On: 25 Apr 2024 | 12:00 PM IST