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India

GFCL EV, India to invest INR 60 billion for EV/ESS battery supply chain

On February 7, GFCL EV Products Ltd, a 100% subsidiary of Gujarat Fluorochemicals Ltd. (GFL), announced an investment of INR 60 billion over the next 4- 5 years to supply approx. 200 GWh/annually of electric vehicle (EV) and energy storage system (ESS) battery solutions.
GFCL EV is poised to enter high-demand regions....

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