KPIT, an India-based sustainable mobility solutions developer, has selected Trentar Energy to commercialize its proprietary sodium-ion battery technology.
KPIT had unveiled its sodium-ion battery technology in Dec. 2023. The technology alleviates lithium dependency with a higher lifespan and faster charging time.
Trentar Energy Solutions, a company catering to the electrical mobility and energy storage space, said it will commercialize KPIT’s battery technology using its strong research, manufacturing and distribution strengths .
Under the collaboration, KPIT will transfer its sodium-ion battery technology to Trentar Energy Solutions to operationalise and commercialise it further. The technology transfer agreement includes Trentar investing in a manufacturing capacity of 3 GWh sodium-ion batteries and KPIT receiving upfront technology transfer fees and additional royalty fees over 8 years.
Sodium-ion battery technology offers an extended lifespan, 80% capacity retention for 3,000-6,000 cycles, and faster charging capability than lithium batteries. This indigenous battery technology’s cornerstone is utilising earth-abundant raw materials, thereby making electric mobility more affordable to the Indian consumer. It has promising applications in mobility including two, three, four wheelers and public transportation, stationary deployments, such as UPS backups and grid storage, as well as in the marine and defence sectors.
“Building sustainable mobility technologies is at the heart of KPITs vision. Sodium-ion battery technology was born from the team’s passion, perseverance, and synergetic collaboration with leading research institutes. We are pleased to have this agreement with Trentar, who will further operationalise and commercialise this technology for multiple market opportunities. KPIT will continue to work on several other sustainable technology solutions,” said Ravi Pandit, chairman, KPIT Technologies.
“With its cost-effectiveness, simplified supply chain, and enhanced safety, Sodium-ion technology represents a strategic focus for our organization. We are committed to developing a robust technological product line in this space, catering to diverse customers across mobility and energy storage verticals,” said Subodh Menon, founder and vice chairman, Trentar.
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