The central government’s ambitious electric vehicles project will take off soon as the Indian Space Research Organisation (Isro) has approved commercial use of lithium-ion battery technology. The glitch is battery makers will be required to pay Rs 1 crore as a one-time technology transfer fee to Isro.
Commercialisation of Isro’s technology could save 10-15 per cent of the cost of e-vehicles. Some experts are of the view that the electric vehicle technology is still in the development stage and the cost is substantially higher. Besides, the ecosystem for e-vehicles is not yet ready. “Charging stations are not in place, the