LGES’s India foray is not confirmed.
Among these Lucas TVS’s partnership with 24M is not very helpful. Freyr a Norway based cell start-up has been working on 24M technology for 2 years now. Their Pilot plant keeps getting delayed. 24M’s technology is different from conventional technology.
Exide may have one of the strongest technology partner in Svolt with proven cell manufacturing capabilities and expertise in LFP, as well as Nickel based technology
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