🔋 India's $2.4 billion battery scheme- These companies bid for incentives❗
Sat, Jan 15, 2022 6:55 PM

🔋 India's $2.4 billion battery scheme- These companies bid for incentives❗

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Reliance Industries, Hyundai Motor Co., and Mahindra are among companies that have submitted bids👉 But, to qualify for the incentives, companies must set up at least 5 Gwh of storage capacity & meet certain local content conditions, all of which would require a min. investment of +$850 million. 🎯Clean auto tech. is a key strategy for cutting pollution in major cities & reducing oil dependence.

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