| | OCTOBER 20228INDUSTRY INSIGHTSBy Rajat, CEO, LohumI ndia is showing the right intent in adapting to e-Mobility at a substantial speed and along with it the assembling and manufacturing of EV battery is also picking up steadily.The business of manufacturing lithium-ion EV batter-ies is understandably seeing a lot of action as everybody is rushing in to try and make the most from the latest sunrise industry. Manufacturing lithium-ion batteries is not a one size fits all venture; batteries for cars and other four-wheelers require an entirely different set of core competencies than say, batteries for two-wheelers and three-wheelers. While it's great that the battery space has generated a lot of interest amongst both early-stage entrepreneurs and large companies, the problems to make an efficient, reliable and safe battery pack are not easy. I do expect that the good will be separated from the also-rans in the industry based on efforts put into R&D, specifically in the areas of prolonging battery life without increasing costs, fast charging of batteries, robustness of batteries to handle various environmental conditions, better battery manage-ment systems and most importantly, around making bat-tery packs safer than ever. Besides focusing on the above problems, we at Lohum offer a closed loop Li-ion battery solution that is creating a fresh perspective to a greener and sustainable future for energy storage. Lohum produces first life batteries for EV sector, second life batteries for the storage sector and re-covers critical battery raw materials through extraction at battery end-of-life. CURRENT EV BATTERY MANUFACTURING SCENARIO & WHAT TO EXPECT IN FUTURE
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