Can Falling Li-ion Prices Boost EV Sales?
Lithium-ion battery prices, which constitute 40-60% of the manufacturing cost of EVs, have hit an all-time low. Automakers have slashed prices. But is it enough to propel the domestic EV market?
lithium ion batteries
August 2024
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June 2022
Amara Raja partners with Chinese EV battery maker Gotion; stock jumps 20%
GIB EnergyX will license Gotion’s lithium iron phosphate (LFP) technology for lithium-ion cells to Amara Raja Advanced Cell Technologies.
Li-Ion battery costs down 90%; Next-gen low-cost tech to power EV, energy transition
Prices of lithium-ion batteries have declined from $1,400 per kilowatt-hour in 2010 to less than $140 per kilowatt-hour in 2023.
Exide Industries shares zoom 17%; hit 52-week high; here’s why
Shares of battery major Exide Industries Ltd have surged 106.87% in the past year
Indian Oil-Panasonic in JV for lithium-ion batteries
Panasonic and IOC have signed a binding term sheet and initiated discussions to draw a framework for the formation of the JV, Panasonic Energy has stated
Mobility Solutions Drive KPIT’s Profits
The auto-focused software and engineering firm catapults to the top 10 in The Next 500 list as it bets on end-to-end architecture for global automakers.
Budget 2024: EV industry proposes GST cut on lithium-ion batteries
India Energy Storage Alliance (IESA) urges the government to reduce GST on lithium-ion batteries to 5%.
IIT-Madras innovates zinc-air batteries to take on lithium-ion
Rechargeable, low-cost zinc-air batteries are touted to be India’s solution for expensive and imported lithium-ion batteries.
