In Short : Neogen and Morita have formed a joint venture to expand their presence in the lithium-ion battery ecosystem. The partnership aims to combine Neogen’s manufacturing expertise with Morita’s advanced battery technologies to support rising demand for energy storage solutions. The JV will focus on production, innovation, and supply chain strengthening to serve electric […]
Eastman Auto & Power Ltd and Vande Bharat E-Vehicles Sign MoU for ₹50 Crore Lithium-Ion Battery Supplies to Power India’s Electric Mobility Vision – EQ
Partnership to drive innovation in battery leasing for electric three-wheelers and accelerate adoption of lithium-ion technology nationwide New Delhi – Eastman Auto & Power Ltd. (EAPL), a market leader in India’s energy storage sector, has entered into a strategic partnership with Vande Bharat E-Vehicles (Sahanianand E-Vehicles Pvt. Ltd.), a pioneer in Electric Three Wheelers. The […]
India’s EV Revolution: Lithium-Ion Battery Manufacturing Set to Soar Beyond 150 GWh by 2030 – EQ
In Short : India’s electric vehicle (EV) industry is set to witness over 150 GWh of lithium-ion (Li-ion) battery cell manufacturing capacity by 2030 , according to ICRA . This surge is driven by rising EV adoption, government incentives, and localization efforts. Investments in gigafactories and advanced battery technology are expected to strengthen India’s energy […]
McLaren Enters Electric Car Market, But Not as a Supercar Maker – EQ Mag
As a leading luxury automotive manufacturer and one of the electrification pioneers, McLaren has surprisingly yet to roll out any all-electric cars. According to McLaren Applied, however, the supercar maker is already striding forward on the track of vehicle electrification. To a supercar manufacturer, going electric is a mixed feeling of excitement and fear. Indeed, […]
LITHIUM-ION BATTERY PACK PRICES RISE FOR FIRST TIME TO AN AVERAGE OF $151/KWH – EQ Mag
BloombergNEF’s annual battery price survey finds prices increased by 7% from 2021 to 2022 New York : Rising raw material and battery component prices and soaring inflation have led to the first ever increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. After more than a decade of declines, […]
Shift Clean gets Type Approvals for energy storage system in India and Japan – EQ Mag Pro
The lithium-ion battery-based ESS is suitable for hybrid or fully electric propulsion systems. Shift Clean Energy has secured Type Approval from the Indian Register of Shipping (IRS) and Japanese Marine Standards (NK) for its energy storage system (ESS ). The firm’s lithium-ion battery-based ESS is suitable for hybrid or fully electric propulsion systems for marine, […]
TCIL Issue Tender for Supply of Lithium ion Battery, Power Plant, Engine Alternator, AC units, Solar power system (1no.) At Lakshadweep – EQ Mag Pro
TCIL Issue Tender for Supply of Lithium ion Battery, Power Plant, Engine Alternator, AC units, Solar power system (1no.) At Lakshadweep. For more information please see below link:
India needs to get out of lithium-ion battery tech & graduate to hydrogen – EQ Mag Pro
There is a lot of work happening in the battery segment in India on how to reduce dependency on lithium-ion batteries, he said India needs to get out of lithium-ion battery technology for electric vehicles at the earliest, as the country has no control over the commodity, union minister V K Singh said on Wednesday. […]
Lithium-ion Battery Market Size Worth $182.53 Billion By 2030: Grand View Research, Inc.
SAN FRANCISCO: The global lithium-ion battery market size is expected to reach USD 182.53 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.1% from 2022 to 2030. The market is expected to witness significant growth over the forecast period on account of the increasing consumption of rechargeable […]
Why electric vehicles are getting bigger and heavier? – EQ Mag Pro
EVs don’t have to be massive. Smaller, more efficient cars would consume fewer resources and make roads a lot safer. The brilliant thing about technology is how it tends to become smaller (and cheaper) over time. One glaring exception has been the most expensive piece of kit many of us buy: the automobile. Due to […]
