C4V inks strategic partnership with Hindalco to source battery foil materials for lithium-ion cells
USA-headquartered lithium-ion battery company C4V has signed an MoU with Hindalco Industries for development and supply of battery-grade aluminium foils, coated foils and structural components for li-ion cells, to serve the fast-growing market for EV battery materials.
As per the understanding, Hindalco will provide up to 2,000-tonne of battery foil to C4V, over a 5-year period. The agreement also outlines a strategic roadmap encompassing collaboration on materials and joint technology development, aligning with the evolving demands of the Indian EV market.
