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Panasonic Energy enters discussions with IndianOil for lithium-ion battery manufacturing

Panasonic Energy has signed a binding term sheet and initiated discussions with New Delhi-headquartered IndianOil to potentially form a joint venture to manufacture cylindrical lithium-ion batteries in India.  Driven by anticipated expansion of the country’s battery demand, the two companies will conduct a feasibility study to finalize details of their collaboration by summer. The country’s… Read more »

Indian oil giant installs over 1,000 EV charging stations

IndianOil, India’s largest government-owned oil corporation, says it has installed more than 1,000 charging stations across the country. IndianOil installed its first public charger in 2017, in Nagpur. Now the company says it operates charging points in over 500 towns and cities, including multiple highway sites. IndianOil says it is setting up EV charging infrastructure… Read more »