Race for Lithium-Ion Batteries🪫🔋
As the market for Electric vehicles growing rapidly, there has been a rising demand for Lithium-Ion Batteries that are used to power these electric vehicles. Major Indian companies have recognized this relevance and the potential in this sector so they have taken various initiatives for capturing market share.
🌟 #RELIANCE e: Announced plans to build plants in Gujarat that will produce batteries for electric vehicles.
🌟 Ola electric: In talks with Samsung SDE and LG Chem for the supply of lithium-ion batteries.
🌟 #TATAMOTORS : Partnership with Panasonic which will help reduce the cost of batteries and improve technology.
