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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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MG Motor India associates with Umicore for recycling end-of-life ZS EV batteries

By : Sustainability ..., Nov 29, 2019

MG Motor on Thursday announced its association with Umicore to explore opportunities in safe and sustainable recycling of end-of-life batteries for electric vehicles. Umicore offers a complete recycling journey for Li-ion batteries to maintain ecological footprint. Umicore...

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Toshiba, Kerala govt sign EOI for making lithium-ion batteries for e-vehicles

By : Sustainability ..., Nov 29, 2019

The Toshiba group on Thursday signed an Expression of Interest (EOI) with the Kerala government for technology transfer and manufacturing lithium-ion batteries for electric vehicles. The EOI was signed at the Kerala State Investment Promotion Seminar organised here which saw...

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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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MG Motor partners Exicom on EV battery recycling

By : Sustainability ..., Nov 27, 2019

Ahead of the launch of its MG ZS electric car in India, British carmaker MG Motor has partnered with EV charging infrastructure and Li-ion battery solutions provider Exicom Tele-Systems on end-of-life use of electric car...

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