Tag: Advanced Chemistry Cell production linked incentive

What’s ailing India’s battery scheme for EVs? | Explained

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What’s ailing India’s battery scheme for EVs? | Explained

The ACC PLI scheme, launched in October 2021, was designed to catalyse a domestic battery manufacturing ecosystem and reduce a near-total reliance on Chinese imports. File image for representation only. | Photo Credit: PTI The story so far: An ambitious ₹18,100 crore scheme to facilitate the manufacture of advanced chemistry cell batteries in India, particularly…

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Ambitious scheme to spur next-gen battery manufacturing in India stumbles

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Ambitious scheme to spur next-gen battery manufacturing in India stumbles

Delays in visa approvals for Chinese technical specialists, requirements that mandate local manufacturing, and the lack of critical technologies threaten the government’s ambitious Advanced Chemistry Cell Production Linked Incentive (ACC-PLI) scheme, says a report by the research firms Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics released earlier this week….

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