Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

India needs large li-ion battery plants for e-vehicles push : NITI Aayog

- Advertisement -

India is required to set up large lithium-ion batteries (LiBs) manufacturing plants to become a global player in electric vehicles (EVs) technology market, NITI Aayog member V.K. Saraswat has said.

e-vehicles, lithium ion, NITI Aayog, India

As the government is looking to give a major push to use of EVs, Saraswat said the main challenge would be in reducing the cost of lithium-ion battery used in such vehicles. India is looking at having an all-electric car fleet by 2030 with an express objective of lowering the fuel import bill and running cost of vehicles.

- Advertisement -

“To become a global player in electric vehicles technology, we will have to increase value addition,” Saraswat told PTI. He said that just being an assembler of parts will not help and there is a need to “set up large lithium-ion batteries manufacturing plants in India”.

The NITI Aayog member said that at present lithium-ion battery is not manufactured in India and therefore the country has to depend on imports from Japan or China. However, he said the “quality” of imports “would be questionable”. As the end goal of EVs is to fight pollution, Saraswat said when the country shifts to such vehicles, the power must be from renewable sources of energy such as solar or wind.

The former DRDO chief also pointed out that the country would need to set up infrastructure for charging EVs. “Even petrol pumps should be equipped with charging stations and we will have to use renewable solar energy or bio-fuels for charging of EVs,” he said. For setting up electric vehicles charging stations, Saraswat said, “We will also have to create electric distribution company and also a regulatory framework would have to be followed.”

To develop low-cost lithium-ion batteries in India, he said, efforts are being made to remodel the battery made by Indian Space Research Organisation (Isro) so that it can be used in e-vehicles. “But, it will take time to scale up production of battery made by Isro.” Saraswat’s statement assumes significance as the cabinet secretariat has shifted the electric vehicles programme to Niti Aayog from the department of heavy industries.

The government is aggressively trying to push the sales and production of electric vehicles in the country through schemes such as FAME India.

State-run Energy Efficiency Services Ltd (EESL) last month had said it will procure 10,000 electric cars.

According to Piyush Goyal, who held power portfolio till recently, India aims to become 100% e-vehicle nation by 2030. Union transport minister Nitin Gadkari has asked automobile manufacturers in the country to go for eco-friendly alternative fuels, else he would ‘bulldoze’ them.

Japanese automaker Nissan Motor Co executive vice-president Daniele Schillaci had also recently pointed out that by 2025, the cost of traditional engine car and electric vehicle car will be almost the same. “2025 will be the tipping point, and probably after that, the growth of sales of electric vehicles will be strong,” the top executive predicted.

By Baishakhi Dutta

 

- Advertisement -

Most Popular Articles

Industry's Buzz

Nirmala Sitharaman, Finance Minister (source: official Facebook handle of Nirmala Sitharaman)

Finance Minister Begins Pre-Budget Talks With Economists

0
As the budget bells ring in New Delhi, Nirmala Sitharaman opens pre-Budget consultations with economists and farmers to frame India’s FY2027 roadmap. Union Finance and...
Roberto Gatti, CEO, Delvitech, SA

Delvitech Raises $40 Million For Global Expansion

0
Supported by strong investor confidence, Delvitech secures funding to expand its AI-driven inspection technology and strengthen its global footprint, including India. Swiss firm Delvitech, specialising...
Betting big on AI, Aggarwal pledges 2% Ola stake

Aggarwal Pledges 2% Of Ola Electric Stake To Fund Firm’s Loan

0
Pledging 2% of his Ola Electric stake, Bhavish Aggarwal is seeking funds to support his AI venture Krutrim. Bhavish Aggarwal, chairman and managing director of...
SoftBank exits Nvidia with $5.8 billion sale to fund OpenAI push

SoftBank Sells Entire NVIDIA Stake For $5.83 Billion

0
Exiting one of its most lucrative AI bets, SoftBank cashes out its remaining NVIDIA holdings worth $5.83 billion.SoftBank Group Corp has sold its entire...
Paras Defence wins ₹396 million MoD counter-drone orders

Paras Defence Wins Ministry Orders For Counter-Drone Systems And RF Jammers

0
Strengthening India’s defence tech, Paras Defence secures multiple contracts to deliver advanced counter-drone and RF jamming systems. Paras Defence and Space Technologies Ltd has secured...

Learn From Leaders

Makoto Terada, Managing Director of ROHM Semiconductor India Pvt Ltd

 “ROHM Is About To Launch A Fully ‘Made In India’ Chip!”

0
Can vehicles become faster, more efficient, and safer while using locally designed and manufactured components? ROHM India explains their journey in creating advanced power electronics...

ROHM Aims To Be The Fastest To Deploy Locally Manufactured Components In India

0
ROHM India is gearing up to revolutionise the EV and electronics market with its first-ever fully Made in India power chip, driving faster, smarter,...
AKINOBU KATSURA, MANAGING DIRECTOR OF TAIYO YUDEN (INDIA) ELECTRONICS PRIVATE LIMITED

“TAIYO YUDEN Leading The Way In Miniature Electronics”

0
What if electronic components could make devices smaller, faster, and more reliable, while powering everything from electric vehicles to cutting-edge smartphones? TAIYO YUDEN shares how...
Mr C. Balaji, Chief Business Officer, Products and Solutions Group, TVS Electronics

“With AIDC, Companies Can Quickly Identify Shortages, Receive Early Alerts On Stock Levels, And...

0
Which skills should professionals prioritise to build long-term careers in AIDC? How are companies, technology partners, and research hubs collaborating to create opportunities in...
The author, Prashant Kumkar, during his session ‘Manufacturing Transformation Vs Electronic Industry’ at EFY Expo, Pune

“Smart Manufacturing Rests On Three Pillars: Process, Technology, And People”

0
Driven by rapid innovation and rising expectations, the electronics industry stands at the crossroads of smart manufacturing, digital transformation, and sustainability. How do these...

Startups

“The Inspiration Behind BonV Aero Has Always Been To Bringsmart Aerial Mobility To India”

0
How close are we to seeing smart aerial mobility move from science fiction to everyday reality, transforming defence, disaster relief, and high-altitude logistics? At...
Vijay Kumar, Founder & CEO, Tsuyo Manufacturing

Tsuyo Manufacturing Raises ₹400M To Boost EV Powertrain Innovation

0
Fuelled by fresh funding, Tsuyo Manufacturing accelerates India’s electric revolution with new R&D and high-wattage motor facilities, redefining powertrain innovation for global markets. Electric powertrain...

US Startup Substrate Threatens ASML, TSMC’s Global Throne?

0
A startup challenging the dominance of ASML and TSMC? Armed with particle accelerator-powered lithography, Substrate looks to revive America’s advanced semiconductor manufacturing ambitions An American...
AI chip

Chip Startup SambaNova Weighs Sale As Funding Pressure Grows

0
A former AI hardware rising star now hunts a buyer, as SambaNova struggles for funding while NVIDIA tightens its grip on the chip market. A...
Team Chipmind (source: the company's official LinkedIn handle)

European Startup Chipmind Raises $2.5M, Unveils AI Agents For Chip Design

0
With $2.5 million in pre-seed funding, Chipmind launches AI agents that autonomously handle complex tasks, saving engineers time and accelerating semiconductor development. European startup Chipmind...