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Battery Stocks Rally in India May Extend After $2 Billion Surge

Battery Stocks Rally in India May Extend After $2 Billion Surge
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India unveils ambitious Rs 8,000 crore plan to boost electric vehicle battery production: Report

Several companies, including South Korea's LG Energy Solution Ltd., and prominent local entities such as Mahindra & Mahindra Ltd., Amara Raja Energy & Mobility Ltd., Exide Industries Ltd., and Larsen & Toubro Ltd., reportedly expressed interest during a consultation meeting with government officials.

United statesSouth koreaPiyush goyalNarendra modiLarsen toubro ltdMukesh ambani reliance industries ltdAmara raja energy mobility ltdExide industries ltdKorea lg energy solution ltdMahindra ltdRajesh exports ltdSolution ltdAmara raja energyMobility ltdToubro ltdMukesh ambani

India to seek bids for $960 million battery production program

The program will require winning bidders to set up advanced chemistry battery plants with a total output of 20 gigawatt hour, said the people, declining to be named as the plans are private. The government will seek bids from potential investors next month, they said.

South koreaNarendra modiAmara rajaLarsen toubroExide industries ltdMahindra ltdRajesh exports ltdAmara raja energy mobility ltdMinistry of heavy industriesKorea lg energy solution ltdBillionaire mukesh ambani reliance industries ltdTesla incLarsen toubro ltdSolution ltdAmara raja energyMobility ltd

battery: India to seek bids for $960 million battery production program

In a bold move towards fostering the electric vehicle (EV) ecosystem, India is set to roll out an incentive program with an estimated value of 80 billion rupees ($960 million). Sources familiar with the matter have revealed that the program will invite bids from interested parties, signaling a strategic push towards enhancing the domestic production of electric vehicle batteries.

South koreaLarsen toubroNarendra modiAmara rajaRajesh exports ltdAmara raja energy mobility ltdTesla incMinistry of heavy industriesBillionaire mukesh ambani reliance industries ltdMahindra ltdKorea lg energy solution ltdLarsen toubro ltdExide industries ltdSolution ltdAmara raja energyMobility ltd

Amara Raja Energy & Mobility Ltd declares interim dividend of Rs 4 80

Amara Raja Energy & Mobility Ltd declares interim dividend of Rs 4 80
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