Panasonic Energy, Indian Oil to set up lithium battery venture
Panasonic Energy and Indian Oil have started discussing a framework for a joint venture to manufacture cylindrical lithium-ion batteries in India. The venture will cater to battery demand for two- and three-wheel vehicles and energy storage systems in the Indian market.
IndianOil to produce lithium-free EV batteries
India’s state-run fossil fuel giant has partnered with an unnamed foreign start-up to produce electric vehicle batteries using raw materials easily available in the nation.
Indian petrol giant begins EV transition
IndianOil is the nation’s largest refiner and supplies almost half of Indian demand. In its latest annual report the company has outlined plans to make electric vehicle charging points a feature of its petrol stations.
