Li-ion cells

The LNJ Bhilwara group company is venturing into the production of graphite anode for lithium-ion batteries. It expects the first part capacity of its Li-ion anode plant to become operational by 2025 with an investment of INR 1,000 crore ($124 million).

Researchers from the Indian Institute of Technology, Gandhinagar, and Japan Advanced Institute of Science and Technology (JAIST) have developed a two-dimensional (2D) anode material for lithium batteries by using nanosheets derived from titanium diboride. They found the new anode material leads to a discharge capacity of 174 mA h/g within 10 minutes at a current rate of 1 A/g.

Toshiba has signed the deal to supply its SCiB line of lithium titanium oxide (LTO) chemistry battery cells for use in EVage Automotive’s commercial trucks.

The electric vehicle (EV) manufacturer has launched electric cargo and passenger vehicles in the L5 category, along with EV charging stations. It also plans gigawatt-scale production of EV batteries soon.

The rise of electric vehicles brings rapid technological advancement and cost reductions to lithium ion battery manufacturing, which can serve to make batteries more useful and more profitable for the energy storage industry. However, the use of stationary batteries as energy assets is still at a nascent stage. Most markets and business models are immature, and InfoLink analyst Yuan Fang-wei sees policy as the major driving force to lead and stimulate China’s energy storage market.

A new report by ICRA says rising electric-vehicle penetration will drive significant investment in battery cell manufacturing in India. It expects EV battery demand in the nation to touch 15 GWh by 2025 and 60 GWh by 2030. 

Reliance Industries says that production will begin at its 10 GW factory for solar cells and modules by 2024. It plans to double the facility’s capacity to 20 GW by 2026 and is aiming for 50 GWh of annual cell-to-pack battery capacity by 2027.

A new India Energy Storage Alliance (IESA) report projects electric vehicle sales to grow by as much as 49% per year to 17 million units by 2030, with electric two-wheelers accounting for almost 88% of total demand.

The Bengaluru-headquartered gold refiner will set up a 5 GWh lithium-ion cell manufacturing facility under the government’s production-linked incentive scheme for battery storage.

The three companies will receive incentives under the government’s production-linked incentives scheme for battery storage. The scheme has an overall budgetary outlay of INR 18,100 crore (around US$ 2,284 million).