Roshan Power Applied sciences, a Telangana-headquartered lithium-iron-phosphate (LFP) battery producer, has introduced that it’s getting into right into a partnership with US-based lithium producer Barrel Power on lithium battery development and manufacturing for electric vehicles. The three way partnership will first set up a lithium-ion battery manufacturing facility in India, then in North America.
As a part of the enterprise, Barrel will turn into a majority stakeholder in Roshan Power Applied sciences, permitting Roshan Power the platform for growth into the Indian market and laterally into worldwide markets. Roshan Power Applied sciences will prolong its technical sources and experience. On the similar time, Barrel will set up funds and worldwide advertising talents.
Each organizations will work collectively to design, plan, and develop custom-made inexperienced vitality options for purchasers worldwide.
Plans for the India manufacturing facility with a three-phase rollout of highly effective merchandise have been in improvement by Roshan’s CEO and engineering crew chief, S.A. Gaffoor.
A joint R&D division shall be developed at the side of Barrel’s not too long ago opened Nevada Tech Middle as a part of the partnership. The Nevada middle is the locus for Barrel’s efforts into lithium-ion battery metal recycling and potential battery improvement and direct metal-ion extraction.
Roshan’s Ashok Shukla, a professor emeritus from the Indian Institute of Science with 40 years of analysis expertise in specialised batteries and over 350 printed technical papers, will lead the crew with the goal of designing custom-made options for battery improvement, enchancment, and recycling.
This three way partnership is facilitated by ArcgenConsulting, a administration consulting agency based mostly in Hyderabad, India.
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