TBB BUREAU NEW DELHI, MAR 31, 2024 Indian Oil Corporation Limited and Japan’s Panasonic Energy Co. Ltd., a subsidiary of the Panasonic Group, have inked a binding term sheet to establish a joint venture dedicated to producing cylindrical lithium-ion cells within India. This collaboration aims to cater to the burgeoning market of electric two-wheelers, three-wheelers, and energy storage systems. The ...

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