Advanced Chemical Cell: To promote the production of Advanced Chemical Cell (ACC) used in electronic goods including electric vehicles and smartphones, the government has increased its budget by almost 6 times in the last few years. This step has been taken by the government to promote energy storage ecology. The government started the national program … Read more
New Delhi: To promote the production of electric vehicles in India, the government has proposed in the interim budget to increase the allocation amount under the Production Linked Incentive (PLI) Scheme for the auto sector by almost seven times for the next one year. In the expenditure budget presented in the Lok Sabha on Thursday, … Read more
New Delhi : Sales of electric vehicles are expected to increase in India. Although, subsidy is given by the government on the manufacture and purchase of electric vehicles, but it is also being told that whether the subsidy is received from the government or not, the sale of electric vehicles will accelerate. Sanjay Kapoor, President, … Read more
London/New Delhi : Nexon, a startup making Advanced Chemical Cells (ACC) in the UK, will supply advanced materials to Panasonic Corporation, a Japanese electronics and electrical goods maker. UK-based battery startup Nexon will supply high-energy silicon anode material to Panasonic’s new US plant starting in 2025, the companies said on Monday, according to a report … Read more
New Delhi : To increase the production of batteries (advanced chemistry cells) used in electric vehicles (EV) in India, the Modi government at the Center has invited bids under the Production Incentive Scheme (PLI Scheme). According to a report in news agency Bhasha, the government on Thursday announced re-inviting bids under the Production Linked Incentive … Read more