· Manufacturing & Investment · Source: business-standard.com

Ashok Leyland ties up with China's CALB to advance lithium-ion battery tech

Ashok Leyland partners with China’s CALB to develop lithium-ion battery technology, starting with imported cells and in-house pack assembly. Over 7–10 years, the Chennai-based automaker plans a ₹50 billion investment to build next-gen batteries for vehicles and grids, aiming to eventually design cells domestically. The cautious, phased approach positions India for strategic EV growth and energy storage expansion.

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