Pre Project Stage Electric Vehicles & Battery Manufacturing Private Sector

Rs.28500 New Lithium-Ion Battery Mfg. Plant in Chennai, Tamil Nadu

Investment
From 5000 Million to 49999 Million
Stage
Pre Project Stage
Location
Chennai, Tamil Nadu
Last updated
11 Jul 2022

Project summary

A leading automotive electrical components manufacturer plans to establish a lithium-ion battery gigafactory in Gummidipundi, Tamil Nadu. The project aims to produce high-quality batteries for electric vehicles and energy storage systems with a 10 GWh capacity in two stages. The company partnered with 24M Technologies in Sep 2021 and signed an MoU in Jul 2021, which will create job opportunities and contribute to the economy.

Project details

SegmentElectric Vehicles & Battery Manufacturing
IndustryAutomotive Industries
Products & capacityLithium-Ion Battery
DistrictChennai
StateTamil Nadu
InvestmentFrom 5000 Million to 49999 Million
Project typeNew
OwnershipPrivate Sector
StagePre Project Stage
Last updated11 Jul 2022
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