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gfcl ev News & Updates - April 20, 2026


GFCL EV raises $80 million to scale battery materials business
Manufacturing   -  Mar 31,2026
GFCL EV Products has raised $80 million from a global marquee investor to scale its advanced battery materials manufacturing. This funding, following an earlier $50 million from the IFC, will expand t .


IFC Invests US$ 50 million in GFCL EV’s battery materials plant
Power Generation   -  Dec 08,2025
IFC has invested US$50 million in GFCL EV to develop India’s first integrated battery materials plant in Gujarat. The project will build end-to-end capacity for key EV components like cathodes and p .