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Exide Industries increases stake in JV with Leclanche to 80.15%

By : Sustainability ..., Nov 24, 2020

Battery maker Exide Industries on Monday said it has increased stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 per cent with a further investment of Rs 33.17 crore by way of...

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Suzuki, Toshiba, Denso EV battery plans go on the back burner due to the coronavirus pandemic

By : Sustainability ..., Aug 7, 2020

The India joint venture of Suzuki Motor, Toshiba and Denso is likely to put on hold plans for a second phase of its...

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Our priority is to make lithium ion batteries in India, says Nitin Gadkari

By : Sustainability ..., Aug 7, 2020


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300% spike in lithium battery imports; value too up from $384 million to $1.2 billion

By : Sustainability ..., Feb 13, 2020

A burgeoning cell phone industry has pushed India’s lithium battery imports by 300% in 2018-19 compared to 2016-17, while the electric vehicle (EV) market is expected to further boost this in the next few years. Official data on the import of lithium batteries shows that...

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TVS Motors Enters Indian EV Market With iQube Electric Launch

By : Sustainability ..., Jan 28, 2020

After zeroing down on the use of renewable energy to power electric vehicles (EV) charging stations, Indian motorcycle giant TVS Motors is now betting on entering the electric two-wheeler market directly, starting with the launch of iQube Electric. The motorcycle maker...

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India’s electric vehicle ambitions could stumble on lack of Lithium

By : Sustainability ..., Jan 21, 2020

India’s ambition of becoming a global hub for making electric vehicles faces one major hurdle: its lack of access to lithium. Home to some of the most polluted cities on the planet, the South Asian nation is pivoting toward new-energy vehicles to clean up its toxic air. But...

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Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020

By : Sustainability ..., Jan 20, 2020

Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union...

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Suzuki JV to invest ₹3,715 crore in second phase of battery venture

By : Sustainability ..., Jan 2, 2020

Japan’s Suzuki Motor Corp. (SMC), Toshiba Corp. and Denso Corp. will jointly invest ₹3,715 crore in the second phase of their battery venture in Gujarat’s Hansalpur, a confidential company presentation showed. The investment, spread over 2021-25, is part of the ₹5,000-crore...

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Telangana working on EV policies: Jayesh Ranjan

By : Sustainability ..., Dec 2, 2019

Jayesh Ranjan, Principal Secretary to government, Department of Industries and Commerce and Information Technology, said that Telangana is one of the first 10 States in India working on policies for cent percent adoption of electric vehicles (EV) for public transport. “This...

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IIT-H partners with Japanese company to produce electric vehicles

By : Sustainability ..., Nov 29, 2019

In a revolutionary move in Indian Automobile Sector, which was heading towards adoption of manufacturing of electric vehicles, the Indian Institute of Technology-Hyderabad and ItsEV, a Japan-based electric vehicle manufacturing company were planning to launch electric vehicle...

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