JSW seeks China partners to secure EV battery tech
New Delhi, Sept. 2 -- The Sajjan Jindal-led JSW Group has held talks with Chinese battery technology companies to source expertise and tech for its ambitious lithium-ion battery project for electric vehicles (EVs), according to two people aware of the matter. The group has also been in consultation with companies from Japan and South Korea.
The conglomerate has held talks with at least four Chinese firms, including Gotion, Cospowers, Svolt and Soundon, to power its factory in Cuttack, Odisha, the people cited above said on condition of anonymity.
The group will first target 10GWh of capacity, with initial focus on battery energy storage systems, which will move to cells later, according to the first person. "The company has had multiple dis...
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