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battery manufacturing News

Major Battery Companies Adjust Timelines for PLI Scheme: A Closer Look

James Carter 04 Mar, 2025

Reliance New Energy Battery and ACC Energy Storage have revised their timelines for the PLI scheme, aiming to start operations within six months. Ola Cell Technology plans to comme...

Business

Ford and SK On Secure $9.63 Billion Loan for Massive Battery Plant Expansion

Olivia Carter 16 Dec, 2024

The U.S. Energy Department has finalized a $9.63 billion loan to Ford and SK On's joint venture, Blue Oval SK, to construct three new battery manufacturing plants in Tennessee and ...