Rs.153500 Million New EV Battery Facility in Karnataka
A company is planning to develop a state-of-the-art electric vehicle (EV) battery technology facility in Karnataka, with an investment of Rs. 153,500 million. The facility will focus on producing high-performance batteries for the growing EV market. As of February 2025, the company has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to support the project.
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