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BATTERY CELL MANUFACTURING INDIA
Lenskart Q1 profit jumps; Tata stocks tumbleLenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5.
Ola Electric gets revised ACC PLI timeline, eyes Rs 7,240 crore incentive payout through 2031Ola Electric's subsidiary received revised timelines for the ACC PLI scheme. This approval secures a full five-year incentive window throug...
Ola Electric gets two-year extension on cell-manufacturing PLI milestonesThe revised timeline secures Ola Electric a five-year PLI window through 2031 and could unlock up to Rs 7,240 crore in cumulative incentive...
Yulu, Bounce chase fresh funds; MPs target social mediaHappy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in...
Ola Electric auditor flags Rs 57 crore PLI penalty reversal in Q1 resultsOla Electric's auditor raised concerns regarding the reversal of a Rs 57 crore penalty related to missed investment milestones under PLI wi...
MNRE mulls incentive scheme to boost polysilicon manufacturingIndia is on a path to significantly increase its renewable energy capabilities, targeting 500 GW by 2030. With government incentives foster...
Fujiyama commissions 2 GW power electronics manufacturing facility at RatlamFujiyama Power Systems has commissioned a new 2 GW power electronics manufacturing facility. This facility in Ratlam will produce solar inv...
Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoYOla Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Impro...
Premier Energies Q1 Result: Profit jumps 53% to Rs 472 crorePremier Energies reported remarkable growth, with profits soaring more than 53% in the latest quarter. The uptick in revenue can be attribu...
India to launch PLI scheme for polysilicon manufacturing to cut import dependence on ChinaIndia plans a new incentive scheme for domestic polysilicon production. This move aims to reduce reliance on imported solar materials. The ...
Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?Ola Electric shares have rebounded sharply from March lows, supported by improving sentiment, strong sales, and a BESS partnership. Analyst...
India must manufacture clean-tech, not just consume it: Steel Minister KumaraswamyIndia's energy security now depends on manufacturing and resilient technology supply chains. The nation aims to become a global hub for cle...
EV industry to generate up to 40 mn jobs by 2030: ReportIndia's electric vehicle (EV) sector is expected to generate30-40 million jobs by 2030, with hiring likely to grow15-20% annually, accordin...
Ola Electric expands into utility-scale energy storage; signs first MoU with Axis EnergyOla Electric has signed an MoU with Axis Energy to explore deploying up to 20 GWh of battery energy storage systems by 2032. The partnershi...
Ola Electric Mobility shares rally over 7%. What's boosting investor sentiment?Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 203...
Tata’s battery unit turns to own tech for making lithium cellsTata's Agratas unit is developing its own lithium iron phosphate battery technology. This move comes as China tightens export restrictions ...
India doubles down on strategic manufacturing--from semiconductors to hydrogen trains: Finmin ReportIndia is accelerating a broad-based industrial strategy that spans semiconductors, electronics, commercial space, green mobility, rare eart...
TakeMe2Space's satellite battery earns flight heritage in first for IndiaHyderabad-based TakeMe2Space’s PowerBank-50 has become India’s first commercially available off-the-shelf satellite battery to achieve flig...
1,000-plus km on a single tank: While world focuses on EVs, this hydrogen bus, which refuels in just 15 minutes, has emerged as clean-fuel alternativeHydrogen Bus Spain: A hydrogen-powered bus has been transporting passengers in Madrid, Spain, since June as part of a real-world trial. Pow...
India's battery chemicals ecosystem set for rapid expansion as ACC demand surges: NuvamaIndia is shifting towards a domestic battery chemicals ecosystem, with advanced chemistry cell demand projected to grow significantly in co...