While BHEL will primarily produce Li-ion cells for ISRO and other strategic sector programmes, it can also suitably modify the space-grade cells—and thus leading to cost reduction—to meet the requirements of commercial applications.
Apart from thrust on energy efficiency and clean energy, the new policy will focus on Make in India for cells used in electric vehicle batteries and measures for demand creation and incentivizing investments.
The British carmaker, which is launching its electric SUV early next month in India, plans to set up a battery assembly plant in two years for its electric car models.
The company aims to emerge as a global leader in battery pack manufacturing with plans to set up a manufacturing unit in India in 2020-21 and the USA.
Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7% higher output value addition (US$ 2.7 billion) for the Indian auto industry in case of an electric vehicle (EV) transition.
The joint venture between Japanese majors Toshiba, Denso and Suzuki aims to achieve annual production capacity of 30 million lithium cells by year 2025.
Plans to develop an 18 GWh lithium-ion battery factory in northern Queensland have reached an important milestone with the project feasibility study submitted to the Queensland government.
EU industry body EUROBAT has called for the bloc to adopt a battery industrial strategy and has pushed the claims of domestic manufacturers in the same manner as India has, as the race hots up to dominate the global energy storage market.
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