Mahindra-LG Chem partner for battery tech development

    The EV tech will be used in future Mahindra and SsangYong vehicles; LG Chem to design and develop Li-ion battery modules.

    Published On Feb 27, 2018 05:20:00 PM

    8,478 Views

    Mahindra-LG Chem partner for battery tech development

    Mahindra and LG Chem have announced a partnership to jointly develop new and advanced lithium-ion battery technology to be used in Mahindra and SsangYong’s range of electric vehicles. This seems to be a part of the trend where automakers in India are tying up with battery manufacturers to develop EV tech including the Toyota-Panasonic partnership and Suzuki’s collaboration with Toshiba and Denso.

    As part of the collaboration, LG Chem will develop a unique cell that would be exclusively developed and used in India and will also supply lithium ion cells based on NMC (Nickel-Manganese-Cobalt) chemistry with high energy density. LG Chem will also design Li-ion battery modules for Mahindra Electric, which in turn will create battery packs for the Mahindra Group and other customers.

    Commenting on this announcement, Hemant Sikka, president and chief purchase officer, Mahindra & Mahindra said, “The electric vehicle revolution is taking the country by storm and at Mahindra, we are happy to be at the forefront of this change. This association with LG Chem will give us the requisite access to advanced battery technology and will also enable us to deliver globally competitive products.”

    According to JH Kim, executive vice president in Energy Solution Compay, LG Chem: “LG Chem expects this collaboration to be one of the memorable moment for putting the commercialisation of EVs forward in India market.”

    Mahindra had announced last year that as part of its investment plan, a battery module plant, which will have a capacity of half a million battery modules per annum, is under development. The plant will also include a battery module pack line and is expected to go into production in the last quarter of FY 2020.

    Mahindra Electric’s portfolio of electric vehicles in India includes the e2o plus hatchback, eVerito sedan, the eSupro minivan and the electric rickshaw, the e-Alfa Mini.

    Mahindra Cars

    Copyright (c) Autocar Professional. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Car Price

    Poll of the month

    The Creta will be the third Hyundai N-Line model in India. Should more mass-market brands have sporty sub-brands?

    Yes, it's something special for enthusiasts

     

    18.29%

    Yes, but only if there is increased performance

     

    44.38%

    No, it's just a gimmick to increase the price

     

    29.40%

    It doesn't always work; just look at Tata JTP

     

    7.94%

    Total Votes : 1575
    Sign up for our newsletter

    Get all the latest updates from the automobile universe