When the space agency Isro is-
Internal technology for lithium-ion battery production is not the transfer of technology to Indian companies to meet consumer demand for the rapid growth of lithium-ion batteries.
Isro has developed these batteries for satellite and launch vehicle applications due to its portability, high energy density, high reliability, and long life cycle.
But now Isro and the government\'s main R & D agency CSIR in Li-
Ion battery technology is being offered to the private sector, which could be a competitor in several industries.
India imported $0. 15 billion worth of Li-
Ion batteries that power smartphones, laptops and other energy storage devices in 2017.
But electric vehicles account for more than 50% of the global automotive market.
Today\'s ion demand increased from 25% share in 2014. An Assocham-
Ernst & Young Research predicts that the overall demand for electric vehicles in India is 79.
9 giva hours to 2020 and 69.
Six too watt hours by the year 2030.
If it\'s solar, the domestic Li-
The production of ion batteries can meet this energy demand, and the benefits of India from reducing carbon emissions to reducing the cost of oil imports will be huge.
Contribution to the automotive industry 7.
1% of India\'s GDP, 22% of manufacturing GDP, and electric vehicles are a new growth opportunity.
Li\'s cost so far is high
Ion batteries and a lack of charging infrastructure have hindered faster adoption of electric vehicles.
Although economies of scale are reducing Li-
India must push different modes such as public/home charging and battery replacement to increase the charging infrastructure.
Finally, Tesla\'s target is $100 per kilowatt hour.
The market price in India is more than double that.
Whether our scientists and industry can bridge this gap will determine the future.