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RCRS innovations files for IPO, aims to expand battery manufacturing – ET Auto

Baua Electric

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Based in Noida, RCRSIL manufactures and markets Lithium-Ion batteries and solar panels under the EXEGI brand, from its two manufacturing plants in the Delhi-NCR region. crore and a profit of INR 1.35

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Li-Ion battery manufacturer RCRS Innovations to invest INR 50 cr to scale capacity – ET Auto

Baua Electric

New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. The market for clean energy storage solutions, powered by Lithium-Ion batteries, is likely to surpass INR 40,000 crore in the next five years, Goyal said.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Launched in 2020, ACC has announced EV battery plants in France, Germany and Italy with a 7 billion-euro (USD 7.6 billion) investment.

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Rivian R1T charging status light bar spotted in the wild

Teslarati

Rivian’s status charging light bar was seen in action while an R1T pickup truck was charging in an Electrify America station in Glendale, CA. A clear picture of Rivian’s status charging light bar was shared on the Rivian forums. The app will be available for download in early September before R1T deliveries begin.

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Neuron Energy to unveil innovative battery solutions at Bharat Mobility Expo 2024 – ET Auto

Baua Electric

Neuron Energy will also introduce its high-performance battery packs engineered for Light Commercial Vehicles (LCV) and the L5 segment. As a frontrunner in the field of electric vehicle (EV) power, Neuron Energy will present an extensive array of battery packs tailored for a wide spectrum of applications.

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Morocco expects more EV battery investments, minister says – ET Auto

Baua Electric

Last year, the Moroccan government and China’s Gotion agreed to look into setting up an electric vehicle battery plant in the kingdom with up to USD 6.3 Last week, the Moroccan government gave the green light for Chinese electric battery maker BTR New Material Group to build a factory near Tangier to produce key component cathodes.

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Battrixx investing in sodium-ion chemistry despite commercial challenges – ET Auto

Baua Electric

In an interaction with ETAuto, Kabra he shed light on the company’s latest innovations and future prospects. New Delhi: Battery pack manufacturer, Battrixx introduced high-voltage battery packs for the tractor and commercial vehicles at the Bharat Mobility Global Expo , 2024. tonne and 2-tonne vehicles.

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