KPIT Introduces India's First Sodium-Ion Battery Technology, Claims Faster Charging and More

Pune-nestled KPIT Technologies Ltd. has unveiled its cutting-edge sodium-ion battery technology at EXCON 2023 in Bengaluru. Compared to conventional lithium-ion batteries, this newly developed technology is predicted to reduce the cost of batteries for electric vehicles by 25-30%. It has been developed in cooperation with Pune's Indian Institute of Science Education and Research over the course of almost a decade and claims several notable benefits over existing alternatives such as lead-acid and lithium-ion. Among its standout features are a longer lifespan of 3,000–6,000 cycles, faster charging than traditional batteries, and greater resistance to below-freezing temperatures. Although lithium-ion batteries have long been an integral part of vehicle electrification, rising demand for electric automobiles is causing an added burden on their supply chain. As a result, it is important for businesses to switch to new battery technologies. In India, the introduction of this new sodium-ion battery is probably going to increase the options available in the market. Let's have a glance to learn more about KPIT's leading-edge battery technology.

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KPIT's Sodium-ion Battery Technology: What's More?

On the sidelines of the announcement, the organization shared that the technology had been evaluated internally in a smaller group during the testing phase. After a year of external testing, it is expected to start yielding profit. While some revenue will be made during the testing period, the primary license expenses won't arise for another year.

The new sodium-ion battery technology, according to the company, will assist in reducing dependence on imports for vital battery components. It has numerous applications in the auto and transport sectors, particularly in the fields of commercial vehicles as well as electric two- and three-wheelers. It might find use in the defense and maritime sectors, as well as in stationary applications such as grid storage and UPS backups.

KPIT's Sodium-ion Battery Technology: Key Advantages Over Rivals

-Increased lifespan of 3000 - 6000 cycles with 80% capacity reserve

-Several variations with varied energy densities between 100 and 170 Wh/Kg and unique performance traits

-Great resilience to high temperatures with minimal thermal management

- Charges faster than standard lithium batteries

-Enhanced cold-temperature tolerance

-Lower the cost of ownership significantly and boost vehicle uptime, therefore increasing convenience

-More Safer than other alternatives such as lithium-ion or lead-acid batteries

KPIT's Sodium-ion Battery Technology: What the Company Has to Say?

Commenting on this announcement, Ravi Pandit, Co-founder and Chairman of KPIT Technologies, said, “Sustainability is at the heart of KPIT’s vision. We are working on multiple technologies to reimagine mobility and accelerate the push toward cleaner transportation. As the electric mobility ecosystem matured, we were cognizant of having alternate battery technologies and localising the storage value chain.''

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He further added that ''Our Sodium-ion battery technology, completely reliant on Earth’s abundant raw materials, is another testament to KPIT’s commitment towards the sustainable mobility ecosystem. We look forward to partnering with manufacturing companies to commercialise this technology globally.”