Getting Charged Up – Innovations in Battery Technology & Charging Infrastructure#EVEcosystemConclave #ElectricVehicles #FutureSeries #Emobility
As the industry continues to evolve rapidly, radically different chemistries, materials and other technological breakthroughs as well as innovative financial models are expected to emerge in the battery and charging infrastructure segment.
January 2023: Battery manufacturers and automotive companies are investing in a big way to build batteries that are not only safer, cheaper, smaller and lighter but also have longer life. As the industry continues to evolve rapidly, radically different chemistries, materials and other technological breakthroughs are expected to emerge in this segment. This is exactly what our distinguished speakers discussed during the panel discussion on ‘Getting Charged Up – Innovations in Battery Technology & Charging Infrastructure’ at the Future Series EV Ecosystem Conclave organized by the Alumni bodies of IIT (BHU), Varanasi (Association of IIT BHU Alumni (AIBA) & AASSII), PanIIT Alumni India, and Pro MFG Media recently. The Conclave’s Supporting Partners were ACMA India, MeitY- NASSCOM Centre of Excellence, IIT Delhi Alumni Association and PHD Chamber of Commerce and industry. This Conclave brought together the entire mobility ecosystem on one platform.
The Panel speakers included Vani Dantam, COO, NexTech Batteries, Inc., US, KVS Manian, Whole-time Director and Group President, Kotak Mahindra Bank Limited, Deepak Pahwa, Chairman, Pahwa Group, Managing Director, Bry-Air (Asia) and Ramkrishna Singh, Head-Business Operations - EV Charging, Tata Power. The session was chaired by Niranjan Mudholkar, Editorial Director, Pro MFG Media.
The esteemed speakers covered the following aspects:
⮚ Supply Chain Disruptions
⮚ Volatility in the Raw Materials Market
⮚ Dependency on Lithium ion
⮚ Innovations Beyond Lithium ion
⮚ Battery Swapping
⮚ Battery Management System
⮚ Charging Infrastructure Challenges
⮚ Role of Finance.
During the discussion, KVS Manian, Whole-time Director & Group President, Kotak Mahindra Bank, raised an interesting point. He said: “Like we have dedicated banks to support various industry segments, we need a Green Bank for EVs. At the same time, it is necessary to incentivise the charging infra rather than providing consumer subsidy.”
Vani Dantam, COO, NexTech Batteries, Inc., US, drew attention to the important subject of power infrastructure’s capabilities to support the growth of charging infrastructure. He said: “Our power infrastructure will not be able to meet the increasing EV recharging requirements. In fact, even a ten percent growth in power load may lead to the collapse of the power infra. Therefore, there is a need to develop alternative designs which can give hybrid charging solutions.”
Ramkrishna Singh, Head-Business Operations - EV Charging, Tata Power, said that there is a need for certain government policies and guidelines and their implementation at each level. “Users need to be updated about the technologies used and the associated regulations. On the other hand, industrialists need to take care of the first-time users, as diving into an EV lifestyle is not just a first-time effort,” he said.
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