Project Work Commenced Electric Vehicles & Battery Manufacturing Private Sector

Rs.2300 Million New Battery Cell Mfg. Unit in Bengaluru, Karnataka

Investment
From 1000 Million to 4999 Million
Stage
Project Work Commenced
Location
Bangalore, Karnataka
Last updated
11 Nov 2024

Project summary

A new battery cell manufacturing giga factory is being set up in Bengaluru, Karnataka, to produce prismatic NMC Li-ion cells for mobility and battery storage needs. With a Rs. 2300 million investment, the project features a 44:56 partnership with an American firm, establishing a versatile, technology-agnostic facility to support India’s shift toward sustainable energy solutions.

Project details

SegmentElectric Vehicles & Battery Manufacturing
IndustryAutomotive Industries
Products & capacityBattery Cell
DistrictBangalore
StateKarnataka
InvestmentFrom 1000 Million to 4999 Million
Project typeNew
OwnershipPrivate Sector
StageProject Work Commenced
Last updated11 Nov 2024
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