EV batteries

India’s Epsilon Advanced Materials will invest $650 million to set up a graphite anode processing facility in the USA. The facility will produce high-capacity synthetic anode materials for electric vehicle (EV) batteries.

The global sodium-ion battery market will grow at 16.2% annually to touch $2.6 billion by 2028. Major drivers include an increasing demand for these batteries as a lithium battery replacement for renewable energy storage and the growing trend towards low-speed electric cars.

The researchers deposited reduced graphene oxide (rGO) and zinc oxide (ZnO) nanowires over seaweed cellulose to make the anode material for the supercapacitor. The device exhibited a greater energy density of 5.21 Wh/kg, a series resistance of 2.16 ohms, and no air degradation even after 5,000 cycles.  

Noida-headquartered Lohum has introduced a 5 kWh energy storage system under its collaboration with MG Motor India to develop second-life solutions for used EV batteries.

India’s Himadri Speciality Chemical has acquired a 12.79% stake in Sicona Battery Technologies, an Australian startup that specializes in high-capacity silicon anode technology for lithium-ion batteries.

Uttar Pradesh led the yearly electric vehicle sales with a 15.15% share of the cumulative 1.2 million units sold in FY 2022-23. It was followed by Maharashtra (12.72%) and Karnataka (9.14%).

Chinese energy storage company Imren Battery has introduced its new EVE LF105 lithium-iron phosphate (LFP) prismatic battery cells, which can be used in a wide range of applications, including EVs, renewable energy storage, and other applications.

Executive director Vikramadithya Gourineni told pv magazine their Telangana factory will produce lithium ferro phosphate (LFP) and nickel-manganese-cobalt (NMC) chemistry cells.

Gayatri Dadheech, chief technology officer at Exide Industries Ltd, told pv magazine their first-phase 6 GWh lithium-ion cell manufacturing capacity in India would become operational by December next year and will produce lithium ferro phosphate (LFP) and nickel-manganese-cobalt (NMC) cells. The following 6 GWh, targeted by 2027, could be based on advanced lithium-ion, solid-state, or other battery technology.

Kunwer Sachdev, the founder of Su-kam brand inverters in India, has converted his farmhouse in Gurugram into an R&D and manufacturing facility for new-age solar and lithium battery storage products under his new venture Su-vastika Systems. He speaks to pv magazine about their offerings including mobile energy storage, lithium battery tester, solar inverters, and more.