ISRO shortlists 15 firms for transfer of EV battery tech
This move could make EVs cheaper, since imported Li ion batteries constitute the big expense factor of EVs. Isro has shortlisted 15 firms to transfer the manufacturing technology of lithium-ion (Li ion) batteries for electric vehicles (EV). This move could make EVs cheaper, since imported Li ion batteries constitute the big expense factor of EVs. “We have communicated to the shortlisted firms that they will have to give a one-time fee of `1 crore. We have avoided firms with exposure to foreign equity in identifying the qualifying industrial houses or start-ups,” S Somanath, director, Vikram Sarabhai Space Centre (VSSC), the rocket sciences node of ISRO, told FE. “The final move will depend on their response,” he said, declining to name the firms. As many as 141 companies had applied for request for qualifications (RFQs) in connection with the technology transfer. It was a small battery of 12 scientists in VSSC in Thiruvananth...
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