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Elon Musk’s Tesla can apply for battery PLI sops: Heavy Industries Ministry

9 months ago Auto economictimes
In 2022, the Centre had awarded PLI support for setting up 30 GWh of ACC battery manufacturing capacity by 2030. Ola Cell Technologies won the lion’s share with 20 GWh capacity in their kitty. ACC Energy Storage (bid as Rajesh Exports) and Reliance New Energy Battery Storage were awarded incentives for 5 GWh each. The government expects PLI incentives will help these three players set up GWh of battery manufacturing capacity. Read more at: economictimes

Tags : Tesla PLI scheme pli heavy industries ministry incentives Advanced Chemistry Cells battery Krishnan Pal Gurjar

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