https://www.taxtmi.com/news?id=50145 A Memorandum of Understanding provides for transfer of proprietary high C rate NMC cell technology to a domestic manufacturer in return for establishment of phased, mass scale local production and leadership of commercialization under a revenue sharing sales model. The facility will enable multi chemistry cylindrical lithium ion cell manufacturing, producing specified formats with defined performance parameters to serve drones, defence and aerospace, and electric vehicle markets, while both parties coordinate customer engagement and jointly refine next generation cell designs based on commercial commitments. en-us Tue, 22 Jul 2025 15:01:03 +0530 Tue, 22 Jul 2025 15:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50145 A Memorandum of Understanding provides for transfer of proprietary high C rate NMC cell technology to a domestic manufacturer in return for establishment of phased, mass scale local production and leadership of commercialization under a revenue sharing sales model. The facility will enable multi chemistry cylindrical lithium ion cell manufacturing, producing specified formats with defined performance parameters to serve drones, defence and aerospace, and electric vehicle markets, while both parties coordinate customer engagement and jointly refine next generation cell designs based on commercial commitments. News - Tue, 22 Jul 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=50145