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Karnataka to come up two lithium battery plants, says Ashwath Narayan

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Karnataka to come up two lithium battery plants, says Ashwath Narayan

Karnataka is preparing an energy policy, Dy Chief Minister Dr. Ashwath Narayan said after launching the e-vehicle rally organized by the Rotary Club at the East Gate of Vidhana Soudha in Bengaluru.

 

Two lithium battery manufacturing plants will be set up in Karnataka with the objective of promoting e-vehicles and reducing air pollution.The days are not far when the manufacturers will be producing the vehicles without fuel tanks or batteries.

 

He launched an e-vehicle rally, organised by the Rotary Club, at the Vidhana Soudha and said two units would be established in the Hubballi region and in Chickballapur district.

 

The State government had, in December last year, cleared an investment proposal of Elest Pvt. Ltd. (₹14,255 crore) on 85 acres in Hubballi-Dharwad to establish an electric vehicle manufacturing unit. It also cleared an investment of ₹6,339 crore on 88 acres in Hubballi-Dharwad to set up units of lithium ion batteries, which are commonly used for electric vehicles.

 

The government has also cleared an investment of ₹1,825 crore from Hyunet company in Bageppalli taluk of Chickballapur district for the establishment of a lithium battery and electric vehicles plant.

 

The e-vehicle’ manufacturing sector is growing at a rapid pace and the government is taking several steps to boost growth in the sector. The Bengaluru Electricity Supply Company (BESCOM) has been made to work as the nodal agency for establishing more charging stations. It has already set up 150 charging stations and 150 more such charging stations will be set-up, he added.