India readies plan for $4 billion Tesla-scale battery storage plants3 min read . Updated: 25 Jul 2019, 11:37 PM IST
- India will need 6 gigawatt-scale plants of 10GWh each by 2025 and 12 by 2030
- Apart from EVs, such battery storages will cater to the consumer electronics industry and electricity grids, given the intermittent nature of electricity from clean energy sources
New Delhi: India is putting the final shape on a plan to build at least four Tesla-style giga factories to manufacture batteries with an investment of around $4 billion, as the country prepares to switch to electric vehicles to curb pollution and cut its dependence on foreign oil.
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