South Korea's LG Energy Solution is in talks with India's JSW Energy to manufacture batteries for electric vehicles and renewable energy storage in a joint venture that would need an investment of over $1.

South Korea’s LG Energy Solution (LGES) and India’s JSW Energy are in discussions to establish a battery manufacturing joint venture (JV) for electric vehicles and renewable energy storage, reported Reuters,

India's JSW Energy and South Korea's LG Energy Solution (LGES) are preparing for a revolutionary partnership to produce batteries for renewable energy storage and electric cars (EVs).

South Korea 's LG Energy Solution (LGES) is said to be in talks with India's JSW Energy to form a joint venture for battery manufacturing, as per Reuters. The project, which would support electric vehicles (EVs) and renewable energy storage,

South Korea's LG Energy Solution is in talks with India's JSW Energy to manufacture batteries for electric vehicles and renewable energy storage in a joint venture that would need an investment of over $1.

The two companies have signed an initial agreement to form an equal partnership in which LGES will contribute the technology and equipment for making batteries and JSW will invest money, said the report citing one of the sources.