• UGI USER
  • Feb 05, 2024
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BOOSTING BATTERY INDUSTRY

Why in the News?

  • Prime Minister Narendra Modi highlights initiatives like rooftop solar scheme and clean cooking mission emphasizes the potential to stimulate battery manufacturing industry and reduce electric vehicle battery costs.
Source: Parceiros

About Investment in Research in Mobility:

  • Allocation of ₹1 lakh crore in the interim Budget for research and innovation.
  • Tax exemptions for start-ups to spur opportunities in the mobility sector.
  • Encouragement for industry research into raw materials for battery manufacturing, green hydrogen, ethanol, and collaboration with farmers to reduce rubber import dependence.
About Battery Electric Vehicles (BEVs)

Definition:

·    Battery Electric Vehicles (BEVs) operate solely on electric power stored in high-capacity batteries.

·    They lack internal combustion engines (ICE) and emit zero tailpipe emissions.

Battery Technology:

·    BEVs rely on advanced Lithium-ion (Li-ion) batteries for power.

·    Li-ion batteries offer high energy density, extended range, and enhanced performance.

Charging Infrastructure:

·    BEVs require a network of charging stations for battery recharging.

·    Charging infrastructure includes

o    Level 1 (household outlets),

o    Level 2 (dedicated charging stations), and

o    Level 3 (DC fast chargers).