Indian oil corporation(IOC) is planning to launch first of its kind aluminium batteries that are potentially more cost-effective as well as alternative to lithium-ion batteries for electronic vehicles and stationary applications.
The idea is to manufacture these barriers in sites such as Chennai or Pune.
IOC brought a minority stake in Israel based startup Phinergy which specialises in aluminium and zinc-air battery systems.
IOC CEO SS Ramakumar told that the company had associated discussions with original equipment manufacturers in Indian Automotive sector.
Test runs can be done either in India or could be taken to Israel to run on prototypes created by Israeli companies.
The aluminium batteries are expected that they could reduce the cost adoption by the electronic vehicles and other industries.
The reason behind public sector company Indian oil corporation is evaluating such initiative is because of its lightweight and not having the necessary to electrically charge the batteries, unlike lithium-ion.
Ramakumar who pioneered this project of Aluminium Air batteries stared that one-fourth of the weight of lithium-ion batteries and could run double than that of them in just a single charge.
The proven range in India of Lithium-ion batteries is around 150-200 km per charge, but aluminium air batteries could run on a modest expectation of more than 400km per charge.
There is no mechanical, electric charge or replacement required for Aluminium batteries.
It is just the replacement of aluminium metallic plate in battery that exhaust over time into a liquid to form aluminium trihydroxide from which the aluminium can be reclaimed.
The trihydroxide also has other industrial applications and is directly traded claims Ramakumar.
The government, as part of its target and counter, to reduce greenhouse gas emissions to mitigate the impact of vehicular pollution, wants to shift the conventional fuel-driven passenger vehicles into electronic vehicles by 2030.
Presently India imports 100% of its electronic vehicle and other lithium ion-based batteries from abroad.