Production of 50 GWh battery cells to start in early 2024: MHI Minister
Union Heavy Industries Minister Mahendra Nath Pandey announced on Wednesday that India will commence local production of around 50 Gigawatt Hour (GWh) battery cells by early 2024. Speaking at the Green Plate EV Rally, Pandey emphasized the government’s sustained efforts to boost the electric vehicle (EV) sector. “With 9.4 lakh EVs already on Indian roads, the production-linked incentive (PLI) scheme has been instrumental in supporting domestic manufacturing and reducing our dependency on imports,” he said.
Currently, batteries are only assembled in India, with cells imported primarily from China, Taiwan, and European nations. The government’s push for indigenous manufacturing gained momentum in 2021 with the announcement of the Rs 18,100 crore PLI scheme aimed at producing 30 GWh of Advanced Chemistry Cell (ACC) Battery Storage.
