New Delhi, August 17, 2021: 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.
International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an Autonomous R&D Centre of Department of Science and Technology, Govt. of India, has developed indigenous technology for the production of Lithium Iron Phosphate (LFP) cathode material for Li-ion Batteries (LiBs) at its Centre for Nanomaterials. ARCI and Allox Minerals, a Hyderabad based company, signed an Agreement for Know-How Transfer on August 12, 2021.
Dr Anil Kakodkar, Chairman, ARCI Governing Council, emphasised 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 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 that Govt. of Telangana is attributing towards creating a favourable ecosystem for EV mobility through Telangana’s EV policy and infrastructural initiatives to make EVs more affordable and suitable in the Indian context and extended his support to ARCI and Allox Minerals in this regard.
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