Pre Project Stage Electric Vehicles & Battery Manufacturing Private Sector

Rs.153500 Million New EV Battery Facility in Karnataka

Investment
More than 49999 Million
Stage
Pre Project Stage
Location
NA, Karnataka
Last updated
17 Feb 2025

Project summary

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.

Project details

SegmentElectric Vehicles & Battery Manufacturing
IndustryAutomotive Industries
Products & capacityEV Battery Facility
DistrictNA
StateKarnataka
InvestmentMore than 49999 Million
Project typeNew
OwnershipPrivate Sector
StagePre Project Stage
Last updated17 Feb 2025
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