Log9 Materials Comes Up With First EV Cell Manufacturing Plant In Country
A start-up from Bengaluru, Log 9 Materials, announced to open first cell manufacturing facility in India to nurture the electric vehicle ecosystem. This manufacturing facility will also to be South East Asia’s largest cell production line. This is a step forward to help India’s vision of ‘Zero-emission’ by year 2070. This cell manufacturing facility located in Log9 campus, Jakkuru, Bengaluru, is also another step for India towards being completely self-reliant (AatmanirbharBharat) in terms of electric mobility goals.
Electric vehicles, unlike tradition Internal Combustion Engine Vehicles, don’t use fossil fuels to run. They consist of motors and powered by electricity provided through batteries which users need to charge after every use. India, having more than a million electric vehicles on road so far, solely depends on Chinese imports when it comes to battery cells. Additional charges like transportation and import taxes increase the price, which is yet another hurdle for segment players to be in business. To make the electric vehicles more affordable, India needs to resolve the issue of non-availability of batteries at considerably affordable price.
The announcement of open an in-house manufacturing unit for cells, is said to help India resolve its high cost battery issue at the earliest. The company said that this new facility is aimed to achieve a minimum of 50MWh of cell production capacity in one year, and then it would be scaled to 5GWh in the another three to five years.
Dr. K Sivan, former Chairperson, Indian Space and Research Organisation, during the inauguration event stated, “Just as Dr. Sarabhai (ISRO Founder Dr. Vikram Sarabhai) many years back understood and laid emphasis on indigenous innovation to advance and reap large scale benefits of space-technology, Log9’s path-breaking indigenous research and infrastructure development shall bring India closer to self-reliance in energy storage and EV sectors in the near future.”
Gunjan Krishna, Commissioner, Department of Industries and Commerce, said, “It is inspiring and exciting to see the work done by Indian start-ups like Log9, helping the nation’s climate action goals as well as advancing the cause of bettering our planet. It is imperative today to build climate-friendly technologies and products as the country increasingly moves from conventional fuel to alternate clean and renewable energy sources. And, in enabling that, building innovative and future-ready energy storage solutions in India, for India, will be the key.”
The company, with an aim to redefine the electric vehicle industry, named the inauguration day as ‘Day Zero.’ Day Zero refers to a fresh start for reimagining electric mobility in India celebrating a special marking of the transformation changes in India’s EV sector.
Dr. Akshay Singhal, Co-Founder & CEO, Log9 Materials, said, “We at Log9 are extremely proud and happy to launch India’s first cell manufacturing line, which reflects a giant leap forward in empowering India with all the flexibility and scale that would be required to give the country the right impetus for ushering its EV-led future. Thus, for Log9, Day Zero marks the day that will usher a new era of India-made cell for the country. Our cells have been designed ground-up in India, for India; and this means that Log9’s cells and batteries are best suited for Indian operating conditions, climate and customers, and hence, they are going to play a crucial role in making the country self-reliant while helping the nation realize its ambitious electric mobility vision. With the momentum garnered from Log9’s Day Zero event, we will be going onward and upwards and pledge to do everything possible to enable our country to accelerate and lead within the intersectional areas of e-mobility, EV-tech, clean energy and clean-tech, sustainability and deep-technologies.”