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A drive to reduce dependence on imported materials and technology, especially from China, is pushing India to invest in a battery technology that uses aluminum rather than lithium as the key ingredient. Indian Oil Corp., the nation’s largest oil refiner, has teamed up with startup Phinergy Ltd. to develop the Israeli company’s aluminum-air battery.
India has few exploitable options to produce lithium, the key metal for the current generation of electric-vehicle batteries, but its eastern jungles hold large reserves of bauxite, the ore used to make aluminum.
“Lithium is scarce in the country and we started scouting for an element which is abundantly available as a natural resource,” said Indian Oil R&D Director S.S.V. Ramakumar.
A drive to reduce dependence on imported materials and technology, especially from China, is pushing India to invest in a battery technology that uses aluminium rather than lithium as the key ingredient. Indian Oil Corp., the nation’s largest oil refiner, has teamed up with startup Phinergy Ltd. to develop the Israeli company’s aluminium-air battery. India has few exploitable options to produce lithium, the key metal for the current generation of electric-vehicle batteries, but its eastern jungles hold large reserves of bauxite, the ore used to make aluminium. “Lithium is scarce in the country and we started scouting for an element which is abundantly available as a natural resource,” said Indian Oil R&D Director S.S.V. Ramakumar.
A major EV battery tech bet for India is on aluminium over lithium gulf-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulf-times.com Daily Mail and Mail on Sunday newspapers.
The report on “Storage Battery Market published by Market Research Store Overview By Industry Top Manufactures, Trends, Industry Growth, Size, Analysis & Forecast Till 2028” the report come up with 150+ pages PDF with TOC including a list of figures and table.
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