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Lohum has agreed to lift at least 50 MegaWatt Hertz (MWh) annually
The new requirements come after EV fire incidents across the country
Demand for EV batteries will increase to over 3,500 GWh by 2030, says IEA
Serious defects found in Battery cells and design
The acquisition is a step towards India's self-reliant, carbon neutrality goal
The company launched a battery energy storage system made of second-life EV batteries
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