New Delhi, March 31 (IANS) Indian Oil Corporation Limited and Japan’s Panasonic Energy Co. Ltd., a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage systems, the public sector oil giant announced on Sunday. Advertising AdvertisingIndian Oil and Panasonic Energy are engaged in a feasibility study regarding the utilization of battery…
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