Govt lab to share knowhow with Allox Minerals for cheaper EV batteries
A new indigenous technology for the production of cathode material for lithium-ion batteries or LiBs may soon make such batteries for electric vehicles cheaper
THC Bureau | August 14, 2021 8:15 pm
A new indigenous technology for the production of cathode material for lithium-ion batteries (LiBs) may soon make such batteries for electric vehicles cheaper. The cost of cathode materials contributes significantly towards the overall cost of LiBs, and India is heavily dependent on the import of these materials, said an official press release.
The International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an autonomous R&D centre under the Department of Science and Technology, has developed indigenous technology for the production of lithium iron phosphate (LFP) cathode material for LiBs at its Centre for Nanomaterials. ARCI and Allox Minerals, a Hyderabad-based company, signed an agreement for knowhow transfer on August 12.
Dr. Anil Kakodkar, Chairman, ARCI Governing Council, emphasized on the importance of having a synergy among various organizations having complementary capabilities. Accordingly, R&D institutions, industry and the government need to work together to nurture and develop EV mobility in India.
He congratulated ARCI and Allox Minerals for taking the technology forward and contributing to the nation’s self-reliance in technologies for the EV domain.
Jayesh Ranjan, Principal Secretary to Government of Telangana, Industries & Commerce Department, ITE & C Department, spoke about the tremendous importance his government is attributing towards creating a favorable ecosystem for EV mobility. He extended his government’s support to ARCI and Allox Minerals in this regard.
Allox Minerals director Rajiv Reddy said that his company is proud to be associated with ARCI and is looking forward to successfully commercializing LFP technology. He expressed his gratitude to team ARCI for letting them be a part of this journey.