CapEx News

LG, Panasonic Energy accelerate plans for battery plants

Manufacturing Jan 22,2025

LG Energy Solution (LGES) and Panasonic Energy are accelerating plans to set up manufacturing facilities in India. LGES targets Tamil Nadu, Telangana, and Andhra Pradesh, while Panasonic considers Mah

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IOCL, Panasonic to form joint venture to make lithium-ion cells

Petroleum Apr 01,2024

Indian Oil Corporation Ltd (IOCL) and Panasonic Energy plan to form a joint venture for manufacturing cylindrical lithium-ion cells in India. They've signed a binding term sheet after a heads of

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Panasonic likely to open a battery manufacturing plant in India

Manufacturing Jul 18,2023

Japanese conglomerate Panasonic is reportedly planning to open a battery manufacturing plant in India, taking advantage of the government's production-linked incentive (PLI) scheme for ACC batter

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