Godi India Manufactures Super Capacitors To Improve Battery Life In EVs
Godi India, the first company to get BIS certification to sell lithium-ion cells made with home-grown technology, is now the first to manufacture 3000F (farads) high-power supercapacitors at its Hyderabad facility.
A supercapacitor is a type of capacitor that can store a large amount of energy and it can be charged and discharged an unlimited number of times. Integrating Godi India’s supercapacitors along with battery packs would improve battery life in electric vehicles (EV) and renewable energy storage system (ESS) applications, the company said in a statement on Wednesday.
“Godi India is producing cost-effective and plant-based Carbon-Carbon supercapacitors using water-based electrode processing. We have a variety of supercapacitor products ranging up to 3000F. At present, we are in the process of developing high-voltage lithium-ion capacitors, as well,” said Mahesh Godi, founder and chief executive officer of Godi India.
“We are also working on hybrid capacitors with higher energy densities to replace lead-acid batteries in wide range of the applications. These capacitors are environmentally sustainable, green and clean, and highly recyclable,” he said.
The estimated global market size of supercapacitors is $25 billion by 2030. Considering India is the fourth largest automotive maker and third largest energy consumer in the world, it is estimated that the supercapacitor market will grow by more than 16 per cent compound annual growth rate in the next five years with market size of $5 billion.
“Godi India is planning to commission 200 kWh of supercapacitors production facility to cater to various local requirements and export markets. Godi India is also keen to develop custom-designed supercapacitor products as per strategic segment requirements and aiming to localize 100% supply chain of the super capacitors manufacturing in the next one year,” said Mahesh Godi.
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more
JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism
In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more
Big Banks Vs. Regional Banks: The Battle For Market Share
The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more
The Evolution Of Philanthropic Advisory Services In Private Banks
The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more