GFCL EV LIMITED COMPANY

GFCL EV Products Limited is an India-based advanced battery materials company focused on manufacturing critical components for lithium-ion and sodium-ion batteries used in electric vehicles (EVs) and energy storage systems (ESS). Incorporated in 2021, the company is a wholly owned subsidiary of Gujarat Fluorochemicals Limited and operates under the INOXGFL Group. GFCL EV was established to capitalize on the global transition toward clean energy by building a fully integrated battery-materials ecosystem in India.

The company manufactures a wide range of battery intermediate materials including lithium hexafluorophosphate (LiPF6), sodium hexafluorophosphate (NaPF6), electrolytes, PVDF binders, PTFE binders, and lithium iron phosphate (LFP) cathode active materials. Its business model emphasizes backward integration, enabling greater supply-chain control, cost efficiency, and reduced dependence on imports, particularly from China. GFCL EV is developing large-scale manufacturing facilities in Gujarat to serve both domestic and international battery manufacturers.

The company has emerged as a strategic player in India’s EV and energy-storage ecosystem due to its focus on localized battery-material manufacturing and fluorine chemistry expertise inherited from Gujarat Fluorochemicals. In recent years, GFCL EV has attracted major institutional interest, including investment support from IFC (World Bank Group), to establish India’s first fully integrated battery-materials manufacturing complex. The company aims to become a global supplier for advanced battery chemistries while supporting India’s clean-energy and EV manufacturing ambitions.