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Which EV Battery Tech Have Makers Chosen for India?
Mint Mumbai
|September 10, 2025
LFP is known for its high durability, safety, and is cheaper. It is used by BYD, Geely, Tata, and Mahindra
Five years after talks of electric vehicle (EV) battery manufacturing began in India, makers are finalizing their chemistry choices—a crucial factor for future gigafactories.
According to the companies' disclosures and presentations to suppliers, Reliance Industries and JSW are betting on lithium iron phosphate (LFP) cells, while Tata Agratas, Ola Electric, and Amara Raja are starting with nickel manganese cobalt (NMC) technology.
Exide Industries, which is working with China's Svolt, will do both. Experts said such dual-chemistry factories may soon become the norm.
LFP is known for its high durability, safety, and is relatively cheaper. It is widely used by Chinese firms such as BYD and Geely, and Indian manufacturers such as Tata Motors and Mahindra. NMC chemistry, known for high performance and long range, is used by carmakers such as Hyundai and MG Motor.
The current global favorite—and one towards which India, too, is leaning—is LFP technology.
This story is from the September 10, 2025 edition of Mint Mumbai.
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