In July last year, it had agreed invest over Rs 4,000 crore in Karnataka in the electric battery manufacturing sector
US-based battery technology firm C4V has rolled out ‘Lithium Slim Energy Reserve’, a cell tech platform in India to address various battery-related challenges, including supply chain, cost and performance.
C4V said that the new Lithium slim energy reserve (LiSER) brings a cobalt and nickel free lithium-ion battery cell technology, providing 40-50 per cent higher energy density and five times more power density than lithium-ion phosphate battery.
It enables cell-to-chassis and cell-to-pack solutions with superior performance metrics. Additionally, the technology includes exceptional safety characteristics due to the C4V’s oxygen-deficient patented BMLMP technology, it added.
“The technology not only allows our BMLMP Chemistry to compete with Cobalt and Nickel based batteries at the pack level but also enables Giga scale production to be more sustainable, with our high-speed manufacturing processes,” said Shailesh Upreti, CEO, C4V.
“As Indian EV markets grow exponentially, C4V aims to solve similar trends across critical battery materials like Cobalt and Nickel very soon,” said Kuldeep Gupta, Vice President (Strategic Partnership), C4V.
He said the company’s goal is to make the country self-reliant in terms of EV generation in all respects.
In July last year, it had agreed invest over Rs 4,000 crore in Karnataka in the electric battery manufacturing sector. The company’s investment of Rs 4,015 crore in the state will create more than 4,000 jobs. It is expected to set up a 5 Gigawatt hours (GWh ) plant in the state and start operations this year.