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IOC developing batteries from indigenous metals

Large  Small Date:2019-10-18  From:economictimes
Note: New Delhi: State-run Indian Oil Corp (IOC) is developing batteries based on indigenous metals to forestall dependence on lithium imports once electric vehicles (EVs) and renewable energy projects take off in a big way
New Delhi: State-run Indian Oil Corp (IOC) is developing batteries based on indigenous metals to forestall dependence on lithium imports once electric vehicles (EVs) and renewable energy projects take off in a big way. IOCNSE 0.58 % chairman Sanjiv Singh told ET that the metal-air batteries will produce energy by oxidising metals such as iron, zinc and aluminium. 
 
These batteries cannot be recharged but motorists can replace plates to power them almost instantly, making it much more convenient for users and eliminating the need for charging infrastructure, he said. “A customer is not concerned how we make petrol if he can buy it wherever he wants. 
 
Similarly, if he goes to a station and we replace the metal plates, he is not bothered because the whole thing happens within three minutes,” Singh said. The metal-air batteries have other advantages.  .. 
 
However, the cost effectiveness of this alternative will depend on the scale of operation. 
 
Even though this technology eliminates the need of a charging infrastructure, it requires a whole business model to support refurbishment infrastructure. Themetal oxide can be reduced to a metal again, making the process recyclable. 
 
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