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Lithium Battery
Lithium-ion battery recycling and refurbishing firm LICO Materials on Friday announced the inauguration of a battery recycling facility in Bengaluru and said it will invest Rs 250 crore in its downstream hydrometallurgy plant in next two-three years. The 4 GWh per annum in-feed capacity plant in Bengaluru will address the challenges of securing a stable supply of critical materials and contribute to India's ambition of achieving 30 per cent electric vehicle (EV) adoption by 2030, LICO said. The company said it aims to scale up capacity at the facility to 10 GWh in the next 3-4 years. With India's EV industry expected to grow by 250 per cent and energy storage sector to reach 42GW by 2032, recycling of used batteries will play a crucial role in recovering critical minerals to support the battery circular economy, according to the company. "The new facility marks a significant milestone in our journey to redefine lithium-ion battery recycling and repurposing in India. As we scale up
Over 100 global firms from countries like the US, Japan, China and India will showcase cutting-edge innovations at the Bharat Battery Show in January 2025. The second edition of the Bharat Battery Show (as part of the Bharat Mobility Global Expo 2025) is shaping up very well with the global participation of companies from various countries, a statement said. According to the statement, a Singaporean delegation will visit the global expo to explore Indian market opportunities. Bharat Mobility, led by the Ministry of Commerce and Industry, is a landmark event. It is set to bring together over 1,000 exhibitors and attract more than 5,00,000 visitors from over 50 countries, it added. Over 100 global companies from the US, Japan, Korea, Singapore, China, and India will showcase cutting-edge innovations at the Bharat Battery Show, the statement said. The India Energy Storage Alliance (IESA), a prominent industry partner for the mega event, will play a key role by hosting the Bharat Batt
Battery material manufacturer Epsilon Advanced Materials on Thursday said it has joined hands with South Korean firm Daejoo to develop a Silicon-Graphite composite to boost lithium-ion battery discharge capacity. Under the joint programme, the companies have set an ambitious target of developing materials for lithium-ion batteries with 450 - 600 mAh/g capacity to increase their discharge capacity by 50 per cent and life span by thousands of cycles, Epsilon said. As part of the collaboration, Epsilon will supply synthetic Graphite, which will be used to create and evaluate Silicon-monoxide -Graphite composites in Daejoo's laboratories. Daejoo, on its part, will provide samples for the same purpose, allowing Epsilon to tailor and test Silicon monoxide-graphite composites in its own labs, it said, adding the two partners aim to qualify these materials with their customers to develop innovative products. The first stage development and evaluation of the composite material are expected
Luxury car maker Mercedes-Benz India on Monday expanded its Battery Electric Vehicle (BEV) range in the country with the launch of the locally produced EQS 580 4MATIC. India is the first country outside the US to start the local production of the seven-seater electric SUV. EQS SUV 580 4MATIC is the second model, after the EQS sedan, to be locally produced at company's Pune-based manufacturing plant. "This will be our sixth EV in India, and the second car to be locally produced in India. We are also proud that India becomes the first market out of the US to locally manufacture the EQS," Mercedes-Benz India Managing Director and CEO Santosh Iyer told PTI in an interaction. The move to manufacture the product locally outlines the company's commitment to electrification and increasing product portfolio offering choices to customers, he added. "EQS SUV's localisation underpins our deep commitment to grow the Indian luxury electric car market and reinforce our commitment for a greener a
Devices powered by lithium-ion batteries are overheating more often during airline flights and passengers often put them in checked bags that go into the cargo hold, where a fire might not be detected as quickly. Overheating incidents rose 28 per cent from 2019 to 2023, although such events remain relatively rare, UL Standards said in a report released on Monday. E-cigarettes overheated more often than any other device, based on reports from 35 airlines, according to the report. In 60 per cent of the cases, the overheating called thermal runaway happened near the seat of the passenger who brought the device on board. In July, a smoking laptop in a passenger's bag led to the evacuation of a plane awaiting takeoff at San Francisco International Airport. Last year, a flight from Dallas to Orlando, Florida, made an emergency landing in Jacksonville, Florida, after a battery caught fire in an overhead bin. More than one-quarter of passengers surveyed for the study said they put vapin
One of India's leading manufacturing multinationals, Bharat Forge, on Tuesday called for a more innovative approach to electric vehicles (EVs) in the country's climate action agenda which is not based on copying China's battery-based model. Addressing India Global Forum's Climate and Business (ClimB) session in London, company vice-chair and joint managing director Amit Kalyani pointed to great potential to incorporate inductive electric charging as the highway infrastructure takes shape around the country. He highlighted that the higher price tag of EVs is largely down to the cost of the batteries and having an alternative model will have a significant impact on sales of the more environmentally-friendly mode of transport. "I believe that we are all following the wrong model because everybody is copying what China did and is using the Chinese template for electric vehicles, which is a battery-based electric model, said Kalyani. "Most countries like India, where we are building ...