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February 12,2025

Epsilon Group Invests ₹15,350 Crore for EV Facility in Karnataka

Epsilon Group announced a ₹15,350 crore investment in Karnataka to develop EV battery testing and advanced material facilities. The investment will focus on manufacturing Graphite Anode and LFP Cathode materials, alongside R&D and training for EV battery manufacturers. This 10-year initiative aims to reduce India's import dependency, create jobs, and strengthen the EV ecosystem, supporting India's energy transition and Atmanirbhar Bharat vision, with local production of high-performance materials.

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