Gujarat Fluorochemicals Limited (GFCL), a major chemical company, will enter the electric vehicle battery market. The company has established GFCL EV Products Limited, a wholly-owned subsidiary.
GFCL announced in a regulatory filing that it has founded GFCL EV Products Limited, with its business “yet to launch.”
The business will focus on delivering solutions for the whole value chain of all types of batteries, battery components, and electric vehicle goods, among other things.