Aluminium ion battery to bring revolution in the automotive industry
The aluminium-ion battery can charge up to 60 times faster than lithium-ion cells. Saudi-backed Indian researchers Saturnose is becoming the latest to join the race for aluminium-ion batteries. Now SATURNOSE is witnessing backing from many quarters. It is now considered as the most disruptive new next gen deep technology rechargeable battery which is an alternative to lithium ion. On a first of kind proveness with technology backing. The energy storage solution we are building is the lowest per/KW in the world with best TCO and life of usage. The main feature of this new rechargeable battery enables the lowest CAPEX spend (almost one 3rd compared to lithium ion and 1/4th on pump storage), longer durability with efficiency.
Aluminium-ion battery cells are a hotbed of development, particularly for automotive use. The graphene aluminium-ion battery cells from the Brisbane-based Graphene Manufacturing Group (GMG) are claimed to charge up to 60 times faster than the best lithium-ion cells and hold three times the energy of the best aluminium-based cells. This technology is going to bring potential challenge to India’s lithium-ion battery market, which was valued at $1.66 billion in 2020, and it is expected to reach $4.85 billion by 2027, registering a CAGR of 17.23% during the forecast period of 2022-2027.
The technology is first of its kind proven in the world and getting patented as EA2I (Enhanced altered Aluminium Ion). This is the first aluminium Ion commercial battery lab tested with advanced features to lithium Ion and extreme cost advantage. There is a group of scientists and experts from IIT Delhi building the technology with a global virtual team! The new company is fund backed from DANVENTURE, SA and has invited funding by Austria Govt to start. NITI Ayog with its scientific panel highly approved the technology and gave immense support and invited to have it in India.
It is claimed that it will be the world’s first commercial-grade aluminium-ion solid-state battery when it launches next year, when it hopes to begin the long, slow process of swapping out the riskier lithium-ion battery chemistry. Boasting an energy density of more than 1500 Watt-hours per liter, the new chemistry is promised to deliver more than 600Watt-hours per kilogram. As per a report, it is claimed to deliver up to 20,000 charge-discharge cycles (compared to a maximum of 5000 for lithium-ion) and deliver up to 15 years of stable life in automotive use. Going forward, Aluminium-Ion batteries could replace Lithium-Ion with these cutting-edge technology innovations.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.