Amara Raja is planning to start bulk production of lithium ion EV cells around 2027, as India builds a domestic battery manufacturing ecosystem. With heavy investment from players like Amara Raja and Tata Group’s Agratas, the industry is set to expand for both electric vehicles and energy storage—though EV makers may face a near-term price premium for locally produced cells.
The UK has awarded $510 million to Tata’s Agratas for a planned EV battery gigafactory in Somerset, announced by the country’s Advanced Propulsion Centre (APC). The money is part of a wider £470 million grant package, underscoring the UK’s strategy to scale domestic battery manufacturing and accelerate electric-vehicle supply chains.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
