GFCL EV Secures $80 Million to Scale Battery Material Manufacturing
⚡ Quick Read What happened: Gujarat Fluorochemicals subsidiary GFCL EV raised $80 million from a global investor, bringing its total funding to $130 million to expand battery material production. Why it matters: The investment accelerates domestic production of critical battery components like LiPF6 and cathode materials, reducing reliance on imports for Indian energy storage and…