Hindalco Joins Hands with USA’s C4V to Develop Battery Material

Hindalco Joins Hands with USA's C4V to Develop Battery Material

C4V, a firm specializing in Li-Ion battery technology based in the United States, has entered into a Memorandum of Understanding (MOU) with Hindalco Industries. This agreement focuses on producing and delivering aluminum foils, coated foils, and structural components specifically tailored for Li-ion cells, serving the expanding market for EV battery materials.

The collaboration’s primary objective is to streamline the creation and distribution of vital components necessary for Li-ion cells. This endeavor addresses the increasing need for EV battery materials within the Indian market.

Outlined within the MOU is a comprehensive plan for partnership between C4V and Hindalco. This plan includes Hindalco supplying up to 2,000 tons of battery foil to C4V over a span of five years.

Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility

Also Read

Moreover, apart from the supply arrangement, the partnership outlines a strategic roadmap. This roadmap concentrates on joint efforts in materials and technology development. The strategic alignment seeks to meet the dynamic requirements of the Indian EV market, emphasizing the significance of local manufacturing and specialized knowledge.

In a recent announcement, Hindalco disclosed intentions to establish a substantial 25,000-ton battery foil manufacturing facility in Odisha.

Battery foil holds substantial importance in the electric vehicle (EV) sector due to its integral role in the production of lithium-ion batteries, the primary power source for electric vehicles. These foils, typically made from aluminum or copper, serve as crucial components within the battery cell.