{"id":640288,"date":"2024-04-01T10:21:05","date_gmt":"2024-04-01T04:51:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=640288"},"modified":"2024-04-01T11:54:13","modified_gmt":"2024-04-01T06:24:13","slug":"panasonic-to-form-jv-with-iocl-to-make-cylindrical-lithium-ion-batteries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/panasonic-to-form-jv-with-iocl-to-make-cylindrical-lithium-ion-batteries\/","title":{"rendered":"Panasonic to form JV with IOCL to make cylindrical lithium-ion batteries"},"content":{"rendered":"<p>Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation&#8217;s biggest oil firm, to manufacture cylindrical lithium-ion batteries. <\/p>\n<p>Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has signed a binding term sheet and initiated discussions with IOCL &#8220;to draw a framework for the formation of a joint venture&#8221; to manufacture cylindrical lithium-ion batteries, said a statement on Sunday. <\/p>\n<p>&#8220;This initiative is driven by the anticipated expansion of demand for batteries for two- and three-wheel vehicles and energy storage systems in the Indian market,&#8221; it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation&#8217;s biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has signed a binding term sheet and initiated discussions with IOCL &#8220;to draw a framework for the formation of a joint venture&#8221; to manufacture cylindrical lithium-ion batteries, said a statement on Sunday. &#8220;This initiative is driven by the anticipated expansion of demand for batteries for two- and three-wheel vehicles and energy storage systems in the Indian market,&#8221; it added.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-640288","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/640288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=640288"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/640288\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=640288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=640288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=640288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}