EV batteries

Eight key developments are accelerating the advancement of electric vehicles. These range from the improvements in cost and performance of electric vehicle (EV) batteries to hydrogen-powered vehicles.

Hyderabad-based Allox Minerals looks forward to scaling up lithium titanate (LTO) anode and lithium ferrophosphate (LFP) cathode material production for electric vehicle batteries as the demand arises. It produces these materials using the economical method developed by International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI). The company is also keen on forward integration up to battery assembly.

The New Delhi-based electric mobility firm has launched electric vehicle (EV) battery packs using lithium-ion cells from China’s Contemporary Amperex Technology Co. Ltd. (CATL).

The Indian lead-acid battery major would form a new strategic business unit for lithium cells and battery packs, electric vehicle (EV) chargers, energy storage systems, and other related products and services as it looks to reposition itself as an energy and mobility player.

The US-headquartered company has registered its Indian arm by the name of Triton Electric Vehicles India in New Delhi as it plans to capture the nation’s growing EV market. It is also in discussion with a few states to set up a factory.

The Telangana-headquartered lithium-iron-phosphate (LFP) battery manufacturer has teamed up with Las Vegas-headquartered Barrel Energy to develop and manufacture lithium batteries for electric vehicles. The joint venture will establish factories in India and North America.

The energy storage system arm of Waaree Group has designed and developed Lithium batteries to power ACE Ltd’s electric forklifts running at Chennai airport.

A new report by government thinktank NITI Aayog and Rocky Mountain Institute (RMI) identifies financing as one of the hurdles for India’s electric mobility transition. It proposes solutions to lower the cost and increase finance for electric vehicles in the nation.

The Mumbai-based battery startup develops advanced nano-material composites to enable quick-charging batteries for electric vehicle (EV), industrial storage, and consumer electronics space.

A new report says that the nation would require an estimated annual battery capacity of 158 GWh to realize its 2030 electric vehicle (EV) adoption target. Meeting this potential demand would require investments exceeding INR 85,900 crore (US$ 12.3 billion) in case battery manufacturing is 100% indigenized.