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ISRO offers battery technology to firms
News:
- Recently, the ISRO has issued RFQ for technology-transfer of the lithium-ion cell to Indian industries.
Important facts:
- 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.
- Li-ion batteries have large applications in consumer goods
- It is at present imported mainly from China, South Korea and Taiwan
- The initiative is expected to accelerate the development of indigenous electric vehicle industry
- Note: India aims to achieve 100% electronic vehicles by 2030
- 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
