Amara Raja-backed EV battery manufacturer Log9 Materials told Moneycontrol it will spend ₹2,350 crore over the next few years. "We're investing ₹150-160 crore in the battery pack facility, another ₹150-200 crore on the cell manufacturing facility," Log9 CEO Akshay Singhal said. He added that the Bengaluru-based startup will also invest ₹2,000 crore on building a mega Gigafactory in FY2025.