Vedanta’s subsidiary -- Vedanta Nico has entered into a pact with US-based AEsir Technologies for the supply of nickel, a critical component for next-generation batteries.
Nickel plays an important role in EV battery technology, particularly in the cathode, where it enhances energy density, power output, and battery lifespan. Nickel-rich batteries, such as nickel-zinc variants, offer fast charging, reduce reliance on cobalt, and improve the overall electric vehicle (EV) value proposition.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.
| Company Name | CMP |
|---|---|
| Hindalco | 1039.65 |
| Vedanta | 782.75 |
| Hindustan Zinc | 592.45 |
| Jain Resource Recycl | 417.45 |
| Gravita India | 1668.60 |
| View more.. | |
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