The Indian Space Research Organisation (ISRO) has signed a memorandum of understanding with Bharat Heavy Electricals Limited (BHEL) to help develop low-cost lithium ion batteries for electric vehicles, also envisages a buyback commitment for such batteries.
The move is expected to take care of concerns on managing the waste generated at the end of battery life. According to the MoU, BHEL will set up a production plant, while ISRO will provide support for scale-up, joint effort in cost optimisation, research and development for alternate chemistry and buyback commitment.
BHEL will develop the battery for commercial applications. This is part of India’s plan to promote low-cost electric vehicles with the use of lithium-ion batteries.
Takeaways from above News-
- BHEL and ISRO tie-up for lithium-ion batteries
- Bharat Heavy Electricals Ltd is a full form of BHEL
- Indian Space Research Organization is a full form of ISRO
- BHEL headquarter is in New Delhi and was founded in 1964
- CEO of BHEL is Atul Sobti
- ISRO was founded in 1969 and its Headquarter is in Bengaluru
- ISRO founder is Vikram Sarabhai and CEO is Aluru Seelin Kiran Kumar
If you have any other takeaways, do share with us in the comment section
Source- The Hindu