BATTERY MANUFACTURING
India, Korea can give new direction to multilateralism amid mounting challenges: South Korean Prez Lee
South Korean President Lee Jae Myung envisions a strengthened special strategic partnership with India, focusing on trade, technology, critical minerals, defence, and shipbuilding. He highlighted shared values and the need for close cooperation amidst geopolitical uncertainty, aiming to deepen comprehensive ties for mutual growth and innovation.
Finance ministry may review MOOWR benefits for battery storage imports
The Finance Ministry is set to discuss customs warehousing benefits for imported battery storage systems. Industry groups have raised concerns about the MOOWR scheme creating an uneven playing field. Consultations with power and renewable energy ministries are planned. The government is examining potential misuse and policy gaps. A decision will align with India's energy security goals.
China humanoid robot half-marathon to showcase technical leaps
More than 300 humanoid robots participating in China's second robot half-marathon on Sunday will be facing tougher terrain designed to test their technical advancements, as Beijing seeks to develop the industry into a major pillar of its economy.
Prolonged West Asia conflict to impact India's automobile sector, says FADA President
The Federation of Automobile Dealers Associations warns of potential challenges for India's auto sector. A prolonged conflict in West Asia could impact vehicle exports and the supply of crucial commodities like oil and aluminium. While the domestic market shows resilience, industry leaders are closely monitoring global developments.
India turns the tables on China: The great supply chain flip begins
India's electronics sector is transforming. For years, the country assembled products using imported parts. Now, Indian companies are exporting electronic components, even to China. This marks a significant shift from just assembly to deeper manufacturing involvement. This change is driven by government policies and global manufacturers.
Andhra Government clears Rs 2,500 crore NSPSL cathode plant in Chittoor
Andhra Pradesh is set to boost its electronics and battery sector. The state government has approved a significant Rs 2,550 crore investment by NSPSL Speciality Chemicals. This will establish a cathode material manufacturing facility in Chittoor district. This project is crucial for localizing key battery components. It will support the growth of electric vehicles and consumer electronics.
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Suzlon Energy: Knowing which way the wind blows, a recharge
Suzlon Energy has shown remarkable resilience, turning its operations around. The company is now a key player in India's wind energy sector. It is expanding into solar, battery storage, and new technologies. Suzlon is also upgrading its manufacturing with AI-enabled factories. This transformation positions Suzlon as a comprehensive renewable energy solutions provider for the future.
Seoul to Delhi, Asia’s new economic axis
South Korean President Lee Jae-myung's visit to India is a crucial moment. The two nations can build a strong strategic economic partnership. They can create a new axis of resilience in Asia. This partnership will focus on manufacturing, technology and defence. It aims to address global insecurity and fractured supply chains.
Apple reports record use of recycled materials across products in 2025
Apple reported that 30% of the materials used in its 2025 products came from recycled sources, its highest level so far, as part of its push to become carbon neutral by 2030. The company highlighted major progress in using recycled materials across batteries, magnets, and circuit boards, while also reducing emissions by over 60% compared to 2015 levels. Alongside this, Apple expanded renewable energy use, eliminated plastic packaging, improved recycling systems, and strengthened water conservation and waste reduction efforts.
Seoul to Delhi, Asia’s new economic axis
South Korean President Lee Jae-myung's visit to India arrives at a critical juncture for global economic stability. The two Asian powers are poised to forge a strategic economic partnership, moving beyond traditional trade to co-build industrial capacity in semiconductors, green mobility, and advanced manufacturing.
500 GW of renewable energy by 2030: What India must do now
With policy certainty, innovative financing, accelerated manufacturing, and modernised grids, India can deliver clean, affordable, and home-grown energy at scale.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
What is evident in the last few trading sessions is how the street is treating Q4 earnings numbers. If a company delivers in terms of numbers, the street has money flowing into that stock. So, clearly, from a blanket bearish phase we have moved into stock-selective mode. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.
ReNew commissions 2.4 GW, marks record renewable capacity addition
ReNew Energy Global Plc achieved a record 2.4 GW of new renewable energy capacity in FY2026. This brings their total operating capacity to 12.6 GW, making them the second largest in India. The company also has significant solar manufacturing capabilities. This marks a significant milestone for ReNew's growth in the renewable energy sector.
Physical AI startups out to play the big game
ET writes how robotics AI startups are seeing increased investments, signalling growing confidence in this space in India.
Ola launches new scooters S1 X+: Check price, battery range, top speed
Ola Electric launched the S1 X+ 5.2 kWh at Rs 1,29,999, making longer-range EVs more accessible. This new variant utilizes Ola's in-house 4680 Bharat Cell technology, aiming to bring high-performance features to the mass market and accelerate EV adoption in India.
Vikram Solar crosses 10 GW in global deployments
Vikram Solar has achieved a significant milestone, deploying 10 GW of solar modules globally. This doubles their previous deployment in just two years. The company's reach extends to 39 countries, with a strong manufacturing base in India. It is also expanding into energy storage solutions.
Iran war's global energy crisis sharpens China's advantage in clean tech
The Iran war and disruptions in the Strait of Hormuz are accelerating a global shift from fossil fuels to renewable energy, positioning China to benefit due to its dominance in clean technologies like batteries, solar and electric vehicles.
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?
Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder Bhavish Aggarwal has shifted focus to fixing service issues and pushing aggressive price cuts and battery-led growth, even as competition from established players intensifies.
Ola Electric shares nearly double from a record low: Is a comeback in sight?
Besides luck, certain positive updates and improving numbers suggest the rally could be backed by real progress. Momentum is building as investors react to positive moves like improved services and business developments that point to a possible turnaround. Here’s what’s driving the surge.
Maruti Suzuki to launch 4 EVs by 2031; 108 e-VITARA delivered in Hyderabad in single day
Maruti Suzuki India will introduce four new electric vehicles by 2031. The company aims to lead the Battery Electric Vehicle market. They are expanding their electric vehicle portfolio and charging infrastructure. The e-VITARA is already being exported globally.
CAFE-3 draft eases emission norms, nudges automakers toward EV and hybrid shift
New emission rules for vehicles will be implemented in 2027. The Bureau of Energy Efficiency has eased some targets for smaller cars. Manufacturers must improve fleet efficiency yearly. This will encourage more hybrid and electric vehicle sales. Penalties will apply for non-compliance. Credits can offset fines. The rules aim for better fuel efficiency on Indian roads.
Supreme Court of India seeks replies on 28% IGST plea on phone batteries
The Supreme Court is examining a customs department appeal. It seeks higher taxes on imported lithium-ion batteries for mobile phones. Manufacturers like Samsung, Vivo, and Oppo are involved. The department argues for a 28% tax rate. A tribunal had previously set a lower 12% rate. This case could impact mobile phone costs.
UK awards $510 million to Tata's Agratas for Somerset EV battery gigafactory
Here are some details on the announcement from the UK's Advanced Propulsion Centre (APC), with the funding forming part of a broader 470 million pound grant:
New scheme in works to support domestic critical mineral processing plants: Mines Secretary
India is launching a new scheme to boost critical mineral processing. Public sector companies will bid for four copper mines in Chile. Domestic copper production is set to increase significantly. Plans are also underway to extract gold from mining residue. These initiatives aim to strengthen India's mineral sector and global presence.
UK awards $510 million to Tata's Agratas for Somerset EV battery gigafactory
Britain is providing 380 million pounds to Agratas, the battery division of India's Tata Group. This funding supports a new electric vehicle battery gigafactory in Somerset. The plant will boost domestic EV battery production and strengthen supply chains for zero-emission transport. It is set to be Britain's largest EV battery facility.
Nekkar Power secures ₹75 crore from Syndicate Finance for hydrogen fuel cell development
Syndicate Finance has led a ₹75 crore second-round funding in Nekkar Power Pvt Ltd, a Hyderabad-based startup focused on hydrogen fuel cell technology. This investment brings Nekkar Power's total capital raised to ₹125 crore, earmarked for R&D, manufacturing, and talent acquisition. The funding aims to transition the company's flagship project from pilot to industrial scale.
China's Sigenergy Technology aims to raise $562 million in Hong Kong IPO
The deal comes as Beijing's heightened scrutiny of so‑called red‑chip listings is expected to slow Hong Kong IPO activity, with regulators pushing some China‑linked firms incorporated offshore to reorganise before going public.
High lead levels found in soil near battery recycling units in several parts of India: Study
A new study reveals alarming lead contamination in soil surrounding battery recycling facilities in Delhi-NCR, Haryana, Rajasthan, and Uttar Pradesh. Analysis shows widespread lead levels, with many sites exceeding hazardous contamination benchmarks. Surprisingly, authorized units showed higher average lead concentrations than unauthorized ones. This poses significant public health and environmental risks.
Ola Electric announces readiness of indigenous 46100 LFP cell
Ola Electric has developed its new LFP cell, the '46100' format, a bigger and more cost-efficient offering. It will be used in Ola products starting next quarter. This is being seen as a significant step towards making electric mobility more affordable and accessible in India. Ola's Gigafactory is also scaling up its manufacturing capabilities.
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