UK-based H.E.L Group will provide IIT Kanpur with the latest battery testing technology under a collaboration agreement signed with IIT Kanpur.
Exide Energy (Nexcharge), which started commercial production last year, received a healthy order inflow for lithium-ion-based battery packs and modules during FY 2022-23.
Global demand for sodium-ion batteries is expected to grow to just under 70 GWh in 2033, from 10 GWh in 2025, at a compound annual growth rate (CAGR) of 27%, according to UK-based market research company IDTechEx.
Lithium-ion batteries remain the preferred choice for electric mobility applications in India due to their higher energy density, well-established infrastructure, and safety record. However, the development of sodium-ion batteries continues, and they may have potential advantages in terms of cost and environmental impact, making them a promising alternative in the future.
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%).
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