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Lithium Ion
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
Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation's biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has signed a binding term sheet and initiated discussions with IOCL "to draw a framework for the formation of a joint venture" to manufacture cylindrical lithium-ion batteries, said a statement on Sunday. "This initiative is driven by the anticipated expansion of demand for batteries for two- and three-wheel vehicles and energy storage systems in the Indian market," it added. Cylindrical lithium-ion batteries are commonly used in consumer electronics, power tools, and electric vehicles. Panasonic Energy is a maker of automotive lithium-ion batteries. The two companies are engaging in a feasibility study regarding the utilisation of battery technology to facilitate the transition to clean energy in India, the statement said. The compan
Maruti Suzuki India plans to start exporting Electric Vehicles (EVs) from India this year after launching them in the country, a senior company official said on Thursday. The company also expects to export lithium-ion battery cells and modules worth around Rs 750 crore this fiscal. "This year itself we will start exports of EVs to countries like Europe and Japan," Maruti Suzuki India Executive Director Rahul Bharti said at the Vibrant Gujarat Global Summit here. On the export of battery cells and modules, Bharti said, "We are exporting it to advanced countries like in Europe. We will be touching almost Rs 750 crore of lithium-ion advanced chemistry cells, battery packs and module exports this financial year." Automotive Electronics Power Private Ltd (AEPPL) -- a joint venture between Japan's TOSHIBA Corporation, Denso Corporation and Suzuki Motor Corporation, has a lithium-ion battery plant at Hansalpur in Gujarat. Maruti Suzuki procures the cells and models from the JV and export
The Centre on Wednesday said it has approved royalty rates of 3 per cent each for lithium and niobium and 1 per cent for Rare Earth Elements (REEs). The decision on the royalty rates for the three critical and strategic minerals was taken by the Union Cabinet chaired by Prime Minister Narendra Modi, according to an official statement. The royalty rate approval by the Cabinet will enable the Centre to auction lithium, niobium and REEs blocks for the first time in the country, it said. "The Union Cabinet... approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) for specifying rate of royalty in respect of 3 critical and strategic minerals, namely, lithium, niobium and Rare Earth Elements," the Ministry of Mines said in a statement.