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Simple Energy partners li-ion battery firm to set up cell manufacturing in India

The li-ion batteries made utilizing C4V’s expertise shall be used in Simple Energy’s upcoming two-wheeler and four-wheeler kind elements.

By : HT Auto Desk
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Updated on:
06 Apr 2022, 01:33 PM

File photo of an electric vehicle being charged used for representational purpose only (REUTERS)
File photograph of an electrical car being charged used for representational objective solely (REUTERS)

Electric car start-up Simple Energy has signed a MoU with C4V, a lithium-ion battery expertise company, for setting up a lithium-ion cell manufacturing ecosystem in the nation. The partnership is in line with the federal government’s Make-in-India initiative and can make the most of cells with industry-leading security, greater vitality density than LFP, sooner charging, and longer life cycle – all primarily based on C4V’s patented expertise.

The partnership is important as a result of lithium-ion battery cells kind the central unit of any electrical car. The batteries made utilizing C4V’s expertise shall be used in Simple Energy’s upcoming two-wheeler and four-wheeler kind elements. The EV maker claims that batteries comprised of this expertise don’t endure from fireplace or explosion threat that has been plaguing opponents in current occasions.

(Also learn | Simple One will get motor improve for higher efficiency, effectivity)

These batteries are claimed to present industry-leading security requirements. C4V’s expertise extends battery life, security and cost efficiency of batteries, and most significantly, empowers rising nations to set up their very own strong manufacturing ecosystem. “By partnering with C4V, we’ll consolidate cell provide, which is a crucial part for us. This technique additionally make us extra self-reliant and reduces our dependency on imports,” stated Shreshth Mishra, Co-Founder, Simple Energy.

Further, localizing of EV elements will show to be essential at a time when the nation is making efforts to transition in the direction of electrical mobility. “Empowering native manufacturing is not going to solely cut back the burden of import duties but in addition make sure the well timed provide of high quality batteries in the EV area boosting the arrogance of OEMs in the electrical mobility Market,” stated Kuldeep Gupta, Vice President (Strategic Partnership), C4V.

Simple Energy goals to be on the forefront of the continued world transition to clear transport. Its flagship product, Simple One electrical scooter, shall be produced in the Phase 1 of the company’s manufacturing unit situated at Hosur, Tamil Nadu. The manufacturing facility is presently preparing for mass manufacturing and shall be operational in the approaching weeks.

First Published Date: 06 Apr 2022, 01:31 PM IST

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