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Indian Oil ‘in lead-acid tech talks with battery makers’

Thu, 04/18/2019 - 09:20 -- John Shepherd

Technology developed by India’s state-owned Indian Oil Corporation to “increase the lifetime” of lead-acid batteries could be licensed to battery makers, the corporation’s director of research and development has revealed.

“We have developed a new nano material, which when used in a lead-acid battery in fixed proportion, increases the life of the battery by 30% and cuts charging time by 40%,” SSV Ramakumar said.

Ramakumar told The Economic Times of India the corporation is “now exploring ways to take (the technology) to market”, “All options are open to us. We can set up our own manufacturing or we can join hands with some leading battery manufacturer in the country.”

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