Battery Manufacturing News - Latest Updates & Headlines
Kinetic Group commissions battery manufacturing plant in Maharashtra's Ahmednagar; annual capacity is 60,000 units
Pune, February 21: Automotive components company Kinetic Group has commissioned its advanced battery manufacturing facility at Ahmednagar in Maharashtra.
Heavy Industries Ministry inks agreement with RNBL for 10 GWh ACC batteries under PLI scheme
New Delhi, February 18: In a major step forward for India's advanced battery manufacturing sector, the Ministry of Heavy Industries (MHI), Government of India, signed a Programme Agreement with Reliance New Energy Battery Limited (a subsidiary of Reliance Industries Limited) under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC).
Operating loss in Q4 due to EV sales slowdown: LG Energy
Seoul, Jan 9: LG Energy Solution Ltd (LGES), South Korea's leading battery maker, on Thursday estimated it swung to an operating loss in the fourth quarter from a year earlier amid slowing sales of electric vehicles (EVs).