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Research Institutes | Tamil Nadu - India | PID: 190089
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Value: 100 Crore | The Central Electrochemical Research Institute (CECRI), a research institute under the Council for Scientific and Industrial Research (CSIR) , has decided to set up a manufacturing unit to produce batteries for electric vehicles (EV).
The company plans to make an investment to the tune of Rs 100 crore to set up the unit at its campus in Taramani, Chennai. The funds for the plant will come from CSIR.
This is a marked departure for the research body that has developed technologies on its own or as a sponsored initiative, and licensed out the know-how.
CECRI had developed lithium-ion based cells a few years ago, but the efforts to licence out the technology were not successful. However, the market for lithium-ion batteries has now opened up with many entrepreneurs bringing in electric two/three-wheelers.
CECRI already has a small manufacturing unit in Chennai campus which can manufacture 100 cells a day. The capacity of the plant will be raised to produce 1,000 cells a day in around nine months. Later on
in two years, the plant will be able to manufacture 14,000 cylindrical cells a day.
Moreover, it is in the process of getting technical help from the Fraunhofer Institute of Germany to improve battery performance with the manufacturing unit and a memorandum of understanding (MoU) regrading the same will be inked in a few months.
| Updated on: 31 - Jul - 2019
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