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Gujarat Fluorochemicals: GFCL EV Products to invest Rs 6,000 cr in next 4-5 yrs to ramp up production

Gujarat Fluorochemicals arm GFCL EV Products plans to invest Rs 6,000 crore to increase production capacity of electric vehicle battery materials in the next 4-5 years. The company aims to enter high-demand regions including the US, Europe, and India. GFCL EV has already secured long-term tie-ups with global customers. The company s current product portfolio includes electrolyte salts, additives, cathode active materials, and specialized offerings for sodium ion batteries.

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