• Login
AutoEVTimes
  • Home
  • News
    • India EV News
    • International EV News
    • Latest EVs India
    • Latest EVs International
    • Policy
  • EV Tech
    • Autonomous Driving
    • Battery Technology
    • Charging Station
    • Drive Systems
  • EV Products
    • ADAS
    • Automotive Lighting
    • Automotive Motors
  • Editor’s Desk
    • Research
    • Interview
    • Articles
    • Startup
    • Events
No Result
View All Result
HealthNews
No Result
View All Result
Home EV Tech Battery Technology

Reliance achieves an offer for govt. EV battery manufacture inducements

AutoEV Times by AutoEV Times
September 5, 2024
in Battery Technology
0
Reliance EV battery
0
SHARES
29
VIEWS
Share on FacebookShare on Twitter

Reliance Industries has been awarded an offer under the Indian government’s inducements scheme to enhance the evolution of electric vehicle (EV) batteries. The business is one of the seven that before this year presented plans to establish local manufacture facilities for advanced chemistry cells (ACCs), an important part of electric vehicles.

Reliance Industries is now able to manufacture up to 10 GWs of ACCs through the government’s production-linked incentive (PLI) scheme. With this success, the oil-to-telecom company has moved ahead of six other competitors, such as JSW Energy and Amara Raja Energy and Mobility, who are all competing for the same incentives.

ACCs are essential to the development of electric vehicles, which are growing more and more important in India, the world’s third-largest automobile market. The PLI program aims to boost domestic EV battery manufacture with a maximum expenditure of $434.4 million. This program is consistent with the government’s ambitious goals for the country’s electric vehicle adoption.

In India, 2% of vehicle sales are currently electric vehicles. However, the government is pushing for a significant increase in the hopes of reaching 30% EV adoption by 2030. It is expected that local ACC manufacture will be essential to accomplish this aim by reducing dependency on imported components and encouraging the growth of the EV industry in India.

Tags: ACCselectric vehicle adoptionelectric vehiclesEV batteryEV industryPLIReliance Industries
Previous Post

Yokogawa to Release Lightweight OpreX ES-5 for Batteries

Next Post

IDTechEx Investigates the Impact of Engineered Substrates for SiC and GaN EV Power Electronics

AutoEV Times

AutoEV Times

Next Post
GaN EV Power Electronics

IDTechEx Investigates the Impact of Engineered Substrates for SiC and GaN EV Power Electronics

Recommended Stories

Mufin Green

Mufin Green & Omega Seiki Mobility to Finance 7,500 E3Ws by 2024

February 11, 2023
E- Mobility Week

Telangana to show-next-gen EV technologies at e-mobility week

July 4, 2024
NEXUS Automotive International

G. Srinivasa Raghavan Appointed Chairman of NEXUS Automotive International

September 10, 2024

Popular Stories

  • Patanjali EV

    Patanjali Enters EV Market with Affordable Electric Scooter

    0 shares
    Share 0 Tweet 0
  • Ola Launches S1 X Scooters with 190km Range, Warranty

    0 shares
    Share 0 Tweet 0
  • Maruti Suzuki Unveils Alto Electric at ₹4 Lakh, Promises 560km Range

    0 shares
    Share 0 Tweet 0
  • The Electric Version of the Thar SUV, the Mahindra Thar.e Vision, was Unveiled in Cape Town

    0 shares
    Share 0 Tweet 0
  • Vaisala Leverages Weather Data to Enhance Electric Vehicle Range

    0 shares
    Share 0 Tweet 0
AutoEVTimes

AutoEV Times provides the latest Electric Vehicles News, EV Business, EV Products etc from around the world.

Recent Posts

  • Exploring the Rapid Growth of the Electric Utility Vehicle Market
  • Will Electric Buses Replace Diesel Buses Completely by 2030?
  • Wardwizard, XiCon to Deploy 7,500 E-Scooters

Categories

  • ADAS
  • Articles
  • Automotive Electronics
  • Automotive Lighting
  • Automotive Motors
  • Autonomous Driving
  • Battery Technology
  • Charging Station
  • Drive Systems
  • EV Products
  • EV Tech
  • India EV News
  • International EV News
  • Interview
  • Latest EVs India
  • Latest EVs International
  • News
  • Policy
  • Research
  • Road Safety
  • Startup
  • Uncategorized
  • Contact Us
  • Events
  • Front
  • Guest Post Guidelines
  • Home
  • Privacy Policy
  • Sample Page
  • Terms of Service

© 2016 - 2024 AutoEV Times | All Rights Reserved.

No Result
View All Result
  • Contact Us
  • Events
  • Front
  • Guest Post Guidelines
  • Home
  • Privacy Policy
  • Sample Page
  • Terms of Service

© 2016 - 2024 AutoEV Times | All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In