Novel battery could charge electric vehicles within 15 minutes - lithium ion battery price

Mumbai: a start
Up has developed a new type of battery that claims to be able to charge an electric car in 15 minutes, making it more affordable for end users.
International patent application technology is scalable than the current lithium-
According to Jubin Varghese, batteries based on ions (Li)
Founder and CEO of Mumbaibased start-
Gegadyne Energy for the development of batteries.
Today, the cost of the battery is up to 40 of the total cost of the electric vehicle, and for the end user, the electric vehicle becomes more feasible, and the cost of the battery must be reduced as the charging time decreases.
"India wants to achieve 2030 of electric vehicle sales, to 100.
A large part of the purchase price of an electric car today is the battery.
As a result, India is likely to be among the best in the battery manufacturing industry.
"This is not only economically viable, but sustainable," said Varghese . ".
At present, lithium ion (Li) is the main source of power for electric vehicles.
Since the demand for lithium batteries for electric vehicles has just appeared in 2006, by 2016, electric vehicles accounted for half of the global demand for lithium batteries.
However, he said that these batteries charge longer, so it is not feasible to charge the electric car.
This new technology combines the fast charging capability of the super capacitor with the high energy density of the traditional battery.
Varghese says it uses the concept of electrostatic charge storage and rapid kinetic Faraday reactions.
He said the goal is to complete the first commercial iteration of the battery by 2020.
"When we believe that the electric car market will really relax, we will have more players and more interesting technologies in the market," Varghese added . ".
Ameya Gadiwan, chief technology officer at Gegadyne Energy, said the batteries are intended to directly replace existing use cases and will be available in cylindrical, bag-like and prism forms. In a Lithium-
Ion batteries, the energy is stored in an electro-chemical manner, resulting in slow charging of the battery and poor overall cycle life of the battery.
In contrast, a new battery designed by a group of researchers stores energy in a combination of electrostatic and electro-chemical processes, which will result in a longer battery cycle life-
Compared with the traditional charging time, the charging time is nearly 50 times faster.
"We currently have a working prototype and battery pack and have been validated for the third time --
"We will start pilot production of battery batteries in India in the next 12 months," Gadiwan said . ".
He said the price range of the battery pack will be comparable to that of lithiumion battery.
With the development of economies of scale, the company expects prices to drop further.
Electric vehicles are the main focus of the company, Varghese added.
These batteries, however, can be used for any other consumer device, telecom tower, and fixed energy storage systems.