EV Batteries: Indigenization won’t help the country at this stage as the manufacturing scalability is not fully achieved. For India to gain efficiency in terms of scale and the supply chain will take some more time. “We have to go beyond the threshold level to see the benefits of localization. I don t think localization by itself is going to benefit, unless we get to that kind of threshold scale, Vijayanand Samudrala, President, Amara Raja, said.
Amara Raja's first gigafactory to begin commercial production by end-2025 - Express Mobility News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
In May last year, the company laid the foundation stone for its first giga factory in Mahbubnagar district in Telangana. It is for producing Lithium Cell and Battery Packs, with an ultimate capacity of up to 16 GWh and 5 GWh, respectively.
'Huge debate' on fossil fuels as Cop28 considers coal phase-out deal thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.