Tata Group inks US$ 1.6 billion EV battery plant transaction: Report
As per the statement, the plant will have initial manufacturing of capabilities of 20 Gigawatt hours.
Tata Group has inked an outline deal, for a lithium-ion cell factory, in an attempt to give a fillip to the nation's electric vehicle supply chain, Reuters reported. A joint statement o this MoU between the Indian salt to software conglomerate's Agratas Energy Storage Solutions and Gujarat government stated that the plant would be in Sanand and work would commence within a span of three years.
As per the statement, the plant will have initial manufacturing of capabilities of 20 Gigawatt hours, which could be ramped up to 40 Gigawatt hours in the second stage of expansion.
RELATED ARTICLES
Ola Electric Says LFP Battery Cell Ready, Product Integration from Next Quarter
Ola Electric's Chairman reveals the company's homegrown LFP battery cell is production-ready, with thousands of vehicles...
Escorts Kubota Limited Announces Price Hike on Kubota Brand Tractors Effective April 15, 2026
The Faridabad-based engineering conglomerate notifies stock exchanges of an upcoming price revision for its Kubota brand...
Numeros Motors Names Arun Srivastava as New CEO
The Bengaluru-based electric two-wheeler manufacturer has appointed a veteran auto industry leader to drive its next pha...




By Autocar Professional Bureau
03 Jun 2023
4520 Views
Sarthak Mahajan
