April 21, 2024 17:08 (IST)
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Tata Group inks deal to set up Rs 130 billion lithium-ion cell factory in Gujarat's Sanand

Sanand (Gujarat): Tata Group on Friday entered into a preliminary agreement for the construction of a lithium-ion cell factory at an estimated investment of around Rs 130 billion, reported Reuters.

Ola's first electric car on track, likely to hot market in 2nd half of 2024

Bengaluru: Electric-scooter maker Ola Electric Mobility Pvt. is moving ahead on its plan to deliver its first four-wheel vehicle in the second half of 2024, Bloomberg reported citing the company’s Chief Financial Officer G.R. Arun Kumar.

Budget 2023-24: EV sector welcomes custom duty reduction on capital goods for Lithium batteries manufacturing

New Delhi/IBNS: The electric vehicle industry welcomed the reduction in customs duty on lithium cells and subsidy extension on batteries announced in the Union Budget 2023-24 by Finance Minister Nirmala Sitharaman on Wednesday.

BIS formulates performance standards for EV batteries

New Delhi: Bureau of Indian Standard (BIS) has published standards for Test Specifications for Lithium-ion Traction Battery Packs and Systems (Performance Testing) for Electrically Propelled Road Vehicles.