![Amara Raja partners with Chinese EV battery maker Gotion; stock jumps 20%](https://images.assettype.com/fortuneindia%2F2023-04%2Fc689772b-730c-4c59-8f0b-ca6a0efcbcbe%2FAmara_Raja_1.jpg?rect=0,0,1908,954&w=300&q=95)
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.
GIB EnergyX will license Gotion’s lithium iron phosphate (LFP) technology for lithium-ion cells to Amara Raja Advanced Cell Technologies.
Prices of lithium-ion batteries have declined from $1,400 per kilowatt-hour in 2010 to less than $140 per kilowatt-hour in 2023.
Shares of battery major Exide Industries Ltd have surged 106.87% in the past year
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
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.
India Energy Storage Alliance (IESA) urges the government to reduce GST on lithium-ion batteries to 5%.
Rechargeable, low-cost zinc-air batteries are touted to be India’s solution for expensive and imported lithium-ion batteries.