Offgrid Energy Labs, a young IIT Kanpur backed innovator and disruptor in the battery technology segment, today announced its innovative ZincGel Battery Technology to strengthen India’s EV battery swapping segment with sustainable batteries.
The start-up will be targeting mobility partners to bring forth solutions for fleets operating low-powered electric vehicles like two-wheelers and three-wheelers. ZincGel Battery Technology, in comparison to lithium-ion and lead-acid material batteries, are non-flammable and reduce the damaging impact on the environment.
Offgrid Energy Labs plans to commercially launch ZincGel products in India by next year.
ZincGel Battery Technology is a highly efficient alternative to the costly imported batteries that are currently available in India. It will balance the performance and pricing of batteries with the introduction of zinc-based non-toxic materials.
“The first-of-its-kind technology has promising concepts and designs to address most of the issues faced by Li-Ion batteries especially in the battery swapping sector,” stated the company in a press release.
The efficient energy storage batteries developed by Offgrid Energy Labs can transform the energy landscape not only in India but around the world, fostering the growth of renewable energy and supporting the transition to clean energy.
In the next five years, the global EV market is going to be worth USD 100 billion, of which India is expected to have about 10-15% share, considering its ambitious renewable energy goals.
With rapid urbanisation, an efficient transportation system powered by environment friendly EVs is going to be a must for Indian towns and cities. It will be crucial for last mile connectivity, as the metro rail network expands and covers even the smaller cities.
However, to accommodate the new paradigm, the segment needs to take steps to overcome the challenges like battery swapping, safety, durability, thermal runaway along with other limitations of Lithium-ion batteries.
“Offgrid Energy Lab’s partnership model and ZincGel manufacturing technology coupled with the Government of India’s support to manufacturing through Advanced Cell Chemistry PLI scheme can ensure that these challenges are addressed,” stated the company.
Offgrid Energy Labs’ ZincGel Battery Technology is non-flammable and has energy efficiency at par with lithium-ion batteries but with twice the lifecycle and negligible operational cost, which can lead to large savings for two-wheeler EV operators. Z
incGel Battery Technology can prove to be a viable option to conventional batteries by creating high quality batteries that can handle performance and thermal stress, ensure zero flammability and ease of manufacturing, and are made from recyclable materials.
The traditionally used lithium-ion batteries are not particularly viable for last mile transportation due to their high price, reduced life cycle due stress, which increases the cost of travel per km.
“We are here to reduce the dependency on Lithium-Ion battery packs and move to sustainable battery storage serving both the stationary as well as specific mobility applications. The demand for batteries is set to skyrocket soon not just in India, but across the globe. We look forward to announcing further strategic pilots that solve vexing problems in the energy storage space. For electric 3 Wheelers ZincGel will offer at least three times the life so that operators reducing the frequency of battery replacement,” says Rishi Srivastava, Co-founder, Offgrid Energy Labs.
“We are super-excited to tweak ZincGel for battery swapping applications. We have designed ZincGel as a modular platform that can be modified basis application requirements. With the ability to prioritize between charging speed, temperature stability and energy density, our innovation is focused on addressing a wide variety of stationary & low powered mobility applications. Clearly, the amount of renewable energy that is being injected into the grid is increasing around the world,” says Tejas Kusurkar, Co-founder & CEO, Offgrid Energy Labs.
Siddharth Mehta, Principal Shell Ventures, expressed his views, “The demand of the hour is to revolutionise the battery technology for the efficient energy storage segment. Offgrid Energy Labs is engaging in this new energy storage ecosystem by inventing ZincGel battery that is meticulously designed to decarbonize and face the larger challenges which are being faced by several incumbents within the energy storage market. Enabling energy transition globally, a ZincGel battery are sustainable and democratizes materials that are recyclable and non- flammable. That is where we feel Offgrid Energy Lab’s ZincGel based technology will make a significant contribution.”
From the perspective of the climate change commitments made by GOI during the COP21 Summit to reduce emission intensity by 33-35% by 2030, it is pertinent to introduce alternative means in the transport sector.