Amara Raja Targets 2027 For Gig Factory Launch, Balances EV And Energy Storage Expansion
Amara Raja Energy & Mobility has outlined its plans to commence bulk production of lithium-ion cells in 2027, marking a significant step in India’s evolving electric vehicle ecosystem, reported ET News.Vikram Gourineni, the company’s executive director, cautioned that locally produced cells will initially carry a minimum 15 per cent price premium over imports.He explained that building a
Amara Raja Energy & Mobility has outlined its plans to commence bulk production of lithium-ion cells in 2027, marking a significant step in India’s evolving electric vehicle ecosystem, reported ET News.Vikram Gourineni, the company’s executive director, cautioned that locally produced cells will initially carry a minimum 15 per cent price premium over imports.He explained that building a
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