ISRO offers battery technology to firms

ISRO offers battery technology to firms

News:

1. Recently, the ISRO has issued RFQ for technology-transfer of the lithium-ion cell to Indian industries.

Important facts:

2. The transfer of technology to competent Indian industries will take place on a non-exclusive basis for use in automobiles for a one-time fee of Rs 1 crore.
3. Li-ion batteries have large applications in consumer goods
4. It is at present imported mainly from China, South Korea and Taiwan
5. The initiative is expected to accelerate the development of indigenous electric vehicle industry

• Note: India aims to achieve 100% electronic vehicles by 2030

6. Advantages of Lithium-ion Batteries:

• High energy density- Lithium is highly reactive and its atomic bonds can store huge amount of energy
• Better charge efficient than other alternatives
• Lower self-discharge rate than other alternatives
• Low maintenance- can handle several charge-discharge cycles