Mahanagar Gas ventures into battery cell manufacturing
The foray into battery cell manufacturing will strengthen Mahanagar Gas' position in the evolving energy space, says Ashu Shinghal, managing director of MGL.
The foray into battery cell manufacturing will strengthen Mahanagar Gas' position in the evolving energy space, says Ashu Shinghal, managing director of MGL.
The Aditya Birla Group company plans to invest ₹800 crore to build a new plant near Sambalpur in Odisha.
TDK is setting up a 180-acre facility in Manesar, Haryana to build cells for batteries.
Mahindra & Mahindra believes its partnership with Volkswagen will be the centrepiece of its localisation strategy for battery cells as demand for batteries that power EVs could rise as high as 60 GWh