Setting up A Lithium Ion Battery Manufacturing Plant Lithium ion batteries are manufactured in sets of electrodes and then assembled in cells. Active material is mixed with polymer binders, conductive additives, and solvents to form slurry that is then coated on a current collector foil and dried to remove the solvent and create a porous electrode coating. Lithium ion batteries can be recharged several times and their stability is better. Lithium ion battery possesses higher energy density, voltage capacity and lower self-discharge rate than other batteries in the segment. This contributes for better power efficiency because a single cell has longer charge retention than any other chemistry.
Related Projects:- Battery Projects, Automobile Batteries
Essentials for Setting up A Lithium Ion Battery Manufacturing Plant The essentials for setting up a lithium ion battery manufacturing unit can be categorized as:-
- Economical Material Procurement
- Effective Calculations of Manufacturing Costs
- Analysis of sensitivity
Post the establishment of LIB manufacturing facility and a developed ecosystem, technological innovation, dedicated R&D efforts and economies of scale are the key factors in lowering the cost of the separator. Once the same is achieved, the cost of manufacturing the Lithium Ion Battery can be curtailed. Graphite and Lithium holds 10% and 5% of the cost share, respectively. India is the second largest producer of graphite, globally, but the processing technology required to make battery-grade graphite suitable for LIB applications is lacking in India. Advancements in processing technology can help the industry to include Indian graphite in the Lithium Ion Battery value chain. Thus, there is a scope for cost reduction. A sensitivity analysis report to calculate the effect of variable parameters on the manufacturing cost of LIBs needs to be drawn. Such report is to be prepared bearing in mind different situations.
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Market of Lithium Ion Battery Manufacturing in India The Government of India has projected a target of achieving 100% Electric Vehicle (EV) sales by 2030 which has come as boon for the EV industry, especially in the battery sector, for a simple reason that a battery accounts for 40–50% of the total cost of a vehicle. If the NITI Aayog is to be believed, there will a market worth USD 300 billion for batteries in EV applications, between 2017 and 2030. Apart from this, the EVs, batteries play an important role in Renewable Energy penetration. In light of the same, it becomes a vital sector for India for meeting the storage requirements for Government of India’s ambitious target of 175 GW of Renewable Energy by 2022.
Related Project:- Business Plan for Lithium Ion Battery Plant Manufacturing of Lithium Ion Battery-Li-ion battery (Battery Assembly)
- Efforts Of Indian Government To Promote Indigenous Lithium Ion Battery Market
- Indian Government has approved Production Linked Incentive (PLI) Scheme which includes ACC battery, for a financial outlay of Rs. 18,100 Crores over a period of 5 years
- Restricted FAME 2 benefits to EVs with Lithium Battery or better chemistry battery
- Increased import duty on import of lithium ion cells
- Increased import duty on assembled battery packs
- Setting up of National Mission on Transformative Mobility and Battery Storage
- Partnered with Bolivia for investing in Bolivia’s vast lithium deposit
- Government Bodies (like BHEL) are also engaging in Lithium Ion cell manufacturing
Related Videos;- automobile industry
Conclusion Niir Project Consultancy Services (NPCS) has made this project report on “Lithium Ion Battery Manufacturing Plant”. The focus of the project report is the analysis of market potential, Government initiatives and regulations, forecasts of industry performance, cost effectiveness planning, etc. among other factors, in a self explanatory mode. Formidable sources of information and databases have been used while preparing this report. A true picture of risk analysis has been presented for those who want leap in to new ventures or who want to expand a current business. The report is pre-appraised by market experts and many firms have gained from the reports made by NPCS.
Related Project: - Lithium Ion Battery
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