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Giga Factory for Lithium-Ion Battery With ₹25 Billion Investment to Come Up in Chennai

The plant is expected to begin commercial production in the second half of 2023

September 3, 2021

/ Arjun Joshi
/ Energy Storage, Large Scale
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Automotive electrical components manufacturer Lucas TVS and U.S.-based 24M Technologies plan to set up a ₹25 billion (~$342.33 million) gigafactory near Chennai to manufacture innovative and disruptive lithium-ion (Li-ion) battery cells based on SemiSolid platform technology.

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Arjun Joshi

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24MBatteryEnergy StorageEVLi-IonTVS
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