Dominance in china battery is ending and lithium price may...

Dominance in china battery is ending and lithium price may become decent level earlier than we are thinking.CXO need to act earlier to bring bp33 in production before demand kicks in..


Amara Raja Batteries Ltd announces its first giga factory in Telangana for Lithium Cell and Battery Packs to be operational by 2025, with a focus on NMC and LFP chemistries and a capacity of up to 16 GWh for cells and 5 GWh for packs, enhancing India's battery manufacturing and supply chain ecosystem.

India's Tata Group signed an outline deal on Friday on building a lithium-ion cell factory, based on investment of about 130 billion rupees ($1.58 billion), as part of the nation's efforts to create its own electric vehicle supply chain.

Reliance Industries is currently setting up a giga factory for batteries at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat.

Honda said it's building an EV battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles as part of a $15-billion project to create a supply chain in the province for the automaker.