Production of indigenously developed lithium-ion battery including electric vehicles, was launched in Chennai yesterday.
According to a report by TNN Tamil Nadu governor Banwarilal Purohit inaugurated the lithium ion cells production, at a function held at CSIR Madras Complex in Taramani. The technology, developed by scientists at CSIR-Central Electro Chemical Research Institute in Karaikudi, was taken up for commercial production by Bengaluru-based Raasi Solar Private Limited.
Raasi Solar which has already been in the renewable energy sector, is planning to produce rechargeable batteries for storage of solar energy and to power electric vehicles. The company is planning to set up a 1 GW solar energy plant, a cell manufacturing plant and a lithium ion battery recycling plant near Hosur.
B C Datta, vice-president, corporate affairs, Hyundai Motors India, said indigenous production of batteries would bring down the production cost of electric vehicles.
