CIOTechOutlook Team | Thursday, 13 February 2025, 03:13 IST
The sodium-ion battery technology, created by KPIT in December 2023, provides 80% capacity retention over 3,000-6,000 cycles and quicker charging abilities than conventional lithium-ion batteries. The technology aims to reduce reliance on lithium by using more accessible raw materials.
Ravi Pandit, the Chairman of KPIT Technologies, emphasized the company's dedication to sustainable mobility solutions, whereas Trentar's Founder and Vice Chairman Subodh Menon pointed out the crucial role of sodium-ion technology for their organization's upcoming initiatives in the mobility and energy storage industries.
The technology holds potential uses in different transportation areas, covering two-, three-, and four-wheeled vehicles, along with public transportation. It can also be used in stationary applications like UPS systems, grid storage, and the marine and defense industries.
This progress occurs alongside increasing worldwide interest in sodium-ion batteries as a substitute for lithium-ion technology. Numerous leading battery producers and automobile firms have been investing in sodium-ion research and development, motivated by concerns regarding lithium supply chain limitations and expenses. China's CATL, a leading battery manufacturer globally, revealed its sodium-ion battery technology in 2021, indicating a growing trend in the industry.
KPIT Technologies, listed on both NSE and BSE, has carved out a notable position in mobility solutions, whereas Trentar Energy Solutions focuses on electrical mobility and energy storage. Both firms become part of an exclusive group of global organizations engaged in the development of sodium-ion battery technology.
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