The joint venture between Japanese majors Toshiba, Denso and Suzuki will make the investment in the Gujarat plant over the 2021-25 period, having pumped Rs12.5 billion into the first phase of development. Japanese joint venture Automotive Electronics Power Private Ltd (AEPPL) will invest Rs37.15 billion in the second phase of its lithium-ion battery production facility… Continue reading AEPPL to invest Rs37.15 billion in second phase of lithium battery plant
As per the MoU, AEPPL, a joint venture between Japanese Toshiba Corporation, Denso Corporation and Suzuki Motor Corporation, will make investments in two phases at Hansalpur. Ahmedabad: Automotive Electronics Power Private Ltd (AEPPL) on Monday signed an MoU with Gujarat government to invest Rs 4,930 crore in two phases to set up a lithium-ion battery… Continue reading AEPPL signs MoU with Gujarat govt for lithium-ion battery project
Two years after the three Japanese companies announced plans to set up the country’s first lithium-ion battery manufacturing plant, Suzuki Motor Corporation, Toshiba Corporation and Denso Corporation have inked a Memorandum of Understanding proposing an investment of Rs 4,930 crore to the Gujarat government. The MoU was signed in the presence of Gujarat chief minister… Continue reading Maruti Suzuki-Toshiba-Denso JV proposes Rs 4,930 crore investment for lithium-ion battery plant in Gujarat
