The new plant in Finland reinforces BASF’s support of the EU Commission’s agenda towards a European battery production value chain.

India is a vast country where meeting power demands of the ever-increasing population are nothing less than a challenge. Constant efforts and innovations are being made to generate power so that not a single corner is left under darkness.

The chemical company has established a strategic alliance with Nornickel, which owns a refinery of nickel and cobalt, to meet the growing needs for battery materials in electric vehicles

Demand for lithium-ion batteries is expected to grow tenfold in the next decade and battery industry will need to construct factories to deliver capacity in excess of 10,000 GWh

The company is setting up a first of its kind manufacturing unit of lithium cells and batteries in India

Praveer Sinha, CEO & MD, Tata Power, said, “We are delighted to announce our partnership with HPCL. It is a significant move towards expanding our services to our customers beyond conventional boundaries.”

Two companies will collaborate in planning, development and operation of charging infrastructure for electric vehicles, at suitable locations across India.

The first EV charging corridor, ChargeIn, has been set up at Mumbai-Pune Expressway, and will be extended to Bangalore and Mysore in the next phase

The production at the plant, which contributes to 60% of Tata Motors’ overall PV production, expected to cross 500,000 production mark in October 2018