Working on lithium-ion technology for electric vehicles: Exide

The battery manufacturer Exide Industries is working on lithium-ion technology to meet the requirements of the electric vehicle (EV) industry, although it believes that traditional lead-acid batteries will remain relevant even when electric vehicles will become popular

. Ionic technology is entering the market, and reducing its price makes it viable in many segments, which could pose challenges to traditional batteries.

"Your company has also continued the development of appropriate lithium-ion technology for applications"

The prototypes have been assembled and are subject to laboratory and field tests that will be followed by 39, a request for certification by regulatory authorities.

"The work is done closely under the technical collaboration and advice of the IIT Madras and associated organizations," the report The company said hold the license to use and manufacture lithium-ion batteries and modules for various applications developed by Center for Electric Vehicles, IIT Madras and Grinntech Motors and Services.

Effective August 28, 2017 with validity up to the date of issue. as of August 27, 2027 and the absorption of technology is ongoing, she adds.

Commenting on future opportunities and threats, reports say: "Contrary to general perceptions, your company believes that lead acid "

Most electric vehicles have a 12 V lead acid battery as an auxiliary battery for SLI application (starter, lighting and ignition) .

Unless there is a significant technological change, lead-acid batteries It continues to be the most reliable and affordable source of energy for vehicles, has it? said.

In the meantime, new lead-acid battery technologies are also redefining the performance limits of the battery. 9659002] "The current growth in auto sales is translating into medium and long-term opportunities for the sale of replacement batteries," says the company.

The rapid growth of the e-rickshaw population continues unabated and is rapidly becoming a source of business Exide Industries, however, said that being dependent on several other segments of the industry as the automobile, electricity and manufacturing sectors, made it vulnerable to the performance of these sectors.

: "There is a risk that new battery technologies such as lithium-ion technology will enter the market, and lowering their price makes them viable in many segments."

Emerging sectors like EVs, Solar Energy and Telecommunications The company added that it had implemented the lithium-ion technology roadmap, Exide said it has strategies for exploiting market potential and has leveraged the collaborators and the technology transfer plan are in place.