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JSW Group To Investment: JSW Group to invest INR 40,000 cr in Odisha for EV and battery plant, ET Auto

JSW Group To Investment: JSW Group plans to invest USD 4.82 billion to establish electric vehicle and battery manufacturing projects in Odisha. The conglomerate, which formed a joint venture with China s SAIC Motor in November, aims to compete with domestic and international players in India s growing EV market. The government hopes to achieve a 30% share of electric car sales by 2023. ....

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China EV battery maker CATL expects weaker earnings growth for 2023, ET Auto

EV Battery Maker CATL: Last year, CATL made up 43.11% of its home market, as measured by battery installations in China-made EVs, down from 48.2% in 2022, data from the China Automotive Battery Innovation Alliance (CABIA) showed. ....

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