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Niti Aayog seeks Cabinet nod for battery push

Niti Aayog seeks Cabinet nod for battery push

Friday, January 24, 2020, 9:58 AM

The Niti Aayog has sought Cabinet approval for a proposal to build up to 10 large factories that would get subsidies to produce lithium-ion batteries used in electric vehicles. Once it gets the nod, the Aayog will invite bids for setting up these gigafactories, with a total capacity of 50 Gigawatt hours (GWh), over 10 years, a senior government official told.
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