Inverted Energy Opens Lithium-ion Battery Production Center in Delhi
- Inverted Energy has actually introduced the opening of its brand-new lithium-ion battery manufacturing center in the Okhla Industrial Area in New Delhi.
Delhi-based battery manufacturer Inverted Energy has introduced the opening of its brand-new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The firm specified that the commissioning of the plant, which presently has a production capability of 100 MWh (megawatt hr) every year, is focused on reducing reliance on China.
The business further stated that the goal is to increase the production capacity at the new plant many in the coming months.
Recently, Inverted Energy launched a brand-new range of Lithium-ion batteries for electric automobiles (EVs) and also house energy storage, to name a few.
" During the lockdown, we became aware the downside of relying on the international markets as well as have worked towards structure capabilities, strengthening the team, and also functioning more difficult resulting in this achievement," stated Rahul Raj, founder of Inverted Energy. "With this capability addition, the company has prolonged its trip in the direction of Atmanirbhar Bharat and also to produce a versatile, cost-effective as well as optimised market area intending to minimize dependency (for batteries) on China," he included.
Numerous states in India are thinking of new plans associated with electric cars, with Telangana recently introducing its EV policy sparing roadway tax obligation for the first 2 lakh electrical vehicles, Raj claimed. He added, "We intend to drive the change towards lithium-ion batteries that are more reputable, cost-efficient, durable, and made-in-India."
Focused on EVs (both 2- and also 3-wheelers), house storage as well as solar batteries, this plant will certainly assist Inverted attain the required deliverables in regards to amount as well as item top quality satisfying raised market demand, the company claimed.
In the next stage, the business is preparing for in reverse combination of its batteries as well as creating a customised internal battery management system, it included.
Just Recently, India Ratings as well as Research (Ind-Ra) in its newest market evaluation had actually forecasted (that driven by the economic stagnation caused by the Coronavirus pandemic) a hold-up in the penetration of electric vehicles (EVs) in the Indian auto industry. As well as, among other variables, the analysts assert that battery continues to be the most critical component of an EV as a result of both price feasibility (30-40 percent of EV expense is of battery) and also technological experience.