Archive · 29 Sep 2025
TVS Indeon Plans Lithium Ion Battery Manufacturing in India
TVS Indeon, a company from Chennai, wants to make advanced batteries for electric cars in India.
They're working with companies around the world to do it.
The goal is to create better batteries that are safer and cheaper, plus use materials that can be recycled.
This is a big deal because currently, most of the materials for these batteries come from China.
Building a battery factory costs a lot of money, but the company believes this new approach will make them competitive and help India grow in the future.
They are planning to show off their progress to the government and work with local suppliers to build an entire supply chain.
TVS Indeon, a subsidiary of Lucas TVS, is collaborating with global R&D companies.
The aim is to manufacture latest technology lithium ion battery cells in India.
The company seeks to reduce reliance on China's dominance of the EV supply chain.
The new technology offers lower capex costs, recyclability, and higher safety levels.
TVS Indeon plans to demonstrate the technology to the government.
- Who
- TVS Indeon Ltd
- What
- Working with global R&D companies to manufacture next-generation lithium ion battery cells.
- When
- Published September 29, 2025, demo timeframe unspecified.
- Where
- India
- Why
- To reduce reliance on China's dominance of EV supply chain and develop cost-effective battery tech.
- Company
- TVS Indeon Ltd (Lucas TVS subsidiary)
- Technology
- Next-generation lithium ion battery cells
- Location
- India
- Objective
- Manufacture latest battery technology in India
- Capex cost
- $70-$80 million per gigawatt hour