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

Indian oil to focus on Li-ion battery market

- Advertisement -

India’s oil majors are eyeing up the lithium-ion battery market in preparation for an electric vehicle boom.

Lithium-ion battery

With the government aiming for India’s car, scooter and motorbike fleet to be 100 per cent electric by 2030, petroleum players do not want to be left behind.

- Advertisement -

The Indian Oil Corporation (IOC) is among those researching the technology. If trials are successful, it may invest in battery production.

Under government plans, involving Rs 140 billion of public and private investment, India’s EV sector is set for explosive growth. The goal is 6-7 million EVs by 2020, up from 130,000 registered today. The idea is to become more self-sufficient in energy – India is a net oil importer – and ultimately export cleaner transport technology to China and Europe.

Globally, the electrification of transport is expected to hit demand for petrol and diesel, with potentially disruptive effect.

S Gopukumar, leader of the initiative said that with India presently importing nearly 5-6 million lithium ion batteries from Japan, China and South Korea every month, this invention would make the country self reliant in manufacturing of lithium ion battery shortly.

- Advertisement -

Most Popular Articles

Ola electric

Ola To Launch Its First Electric Three Wheeler ‘Raahi’ By Early 2025

0
This strategic move aims to diversify Ola's offerings beyond electric scooters and tap into the growing demand for electric three-wheelers in India. Ola Electric Ltd,...

Is India Becoming A Key R&D Hub For Apple Products?

0
Betting big on India, Apple is launching a new R&D hub to drive product design, testing, and tech innovation, tapping into the country's growing...
Vedanta Display Glass Investment

Vedanta Group To Boost Display Glass Manufacturing With $500Mn Investment

0
Vedanta’s investment in its subsidiary, AvanStrate Inc research and development, manufacturing capabilities, and product offerings to meet the increasing global demand. India's global mining firm...
Tata

Singapore Chosen As Tata’s Partner For Semiconductor Projects

0
As ties between the two countries strengthen across sectors, Tata Sons chooses Singapore as a key partner for semiconductor ventures, with major investments planned...

Trump’s Tariffs Could Double Apple’s India iPhone Production

0
On Trump's proposal of heavy tariffs on China, Apple’s iPhone production in India could soar to $30 billion annually, creating 200,000 jobs and boosting...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

Ola electric

Ola To Launch Its First Electric Three Wheeler ‘Raahi’ By Early 2025

0
This strategic move aims to diversify Ola's offerings beyond electric scooters and tap into the growing demand for electric three-wheelers in India. Ola Electric Ltd,...

Is India Becoming A Key R&D Hub For Apple Products?

0
Betting big on India, Apple is launching a new R&D hub to drive product design, testing, and tech innovation, tapping into the country's growing...
Vedanta Display Glass Investment

Vedanta Group To Boost Display Glass Manufacturing With $500Mn Investment

0
Vedanta’s investment in its subsidiary, AvanStrate Inc research and development, manufacturing capabilities, and product offerings to meet the increasing global demand. India's global mining firm...
Tata

Singapore Chosen As Tata’s Partner For Semiconductor Projects

0
As ties between the two countries strengthen across sectors, Tata Sons chooses Singapore as a key partner for semiconductor ventures, with major investments planned...

Trump’s Tariffs Could Double Apple’s India iPhone Production

0
On Trump's proposal of heavy tariffs on China, Apple’s iPhone production in India could soar to $30 billion annually, creating 200,000 jobs and boosting...

Learn From Leaders

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Startups

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...