KPIT Technologies and Trentar Energy Solutions have entered into a collaboration for the development and commercialisation of sodium-ion battery technology. Under this agreement, KPIT will transfer its sodium-ion battery technology to Trentar, which will focus on operationalising and scaling its production.
Additionally, also as part of the technology transfer agreement, Trentar will invest in the establishment of a 3 GWh sodium-ion battery manufacturing facility. Furthermore, KPIT will receive upfront technology transfer fees along with royalty payments over eight years.
Sodium-ion batteries offer an extended lifespan with 80 per cent capacity retention for 3,000 to 6,000 cycles, along with a faster charging capability compared to lithium batteries. The technology utilises earth-abundant raw materials, enhancing affordability for electric mobility in India. Its applications extend across multiple sectors, including electric two-wheelers, three-wheelers, four-wheelers, public transportation, UPS backups, grid storage, and even marine and defence sectors.
