Hindalco to set up Rs 800 crore battery foil plant in Odisha to tap EV market

The plant near Sambalpur in Odisha will initially produce 25,000 tonnes of the fine-quality aluminium foil which forms the backbone of Lithium-ion and Sodium-ion cells; plant commissioning by July 2025

12 Dec 2023 | 8003 Views | By Autocar Professional Bureau

Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of fine-quality aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The company is investing Rs 800 crore to build a ...

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