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Hindalco Gears up for Mega EV Opportunity
The world’s largest aluminium company has its eyes on everything from EV battery components to vehicle lightweighting and structural components.
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Hindalco Industries, the world's largest aluminium rolling and recycling enterprise, has started making strategic moves to address the emerging EV opportunity in the country. The company is leveraging its expertise in its experience and know-how in the manufacture of non-ferrous metals such as aluminium and copper to emerge as a key supplier of materials to the EV and battery industry in India.
The move also comes as Indian automakers make strategic investments in the EV transition, a shift that is likely to lead to a dramatic rise in the use of aluminium – from the typical 10–15 kg for ...
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