Bridging the Gap
The rapid advancement in technology coupled with the development of portable electronic products and more recently electric transport has indeed led to a growing need for rechargeable batteries. Conventional rechargeable batteries, with primary substrates including materials such as lead–acid, nickel–cadmium, and nickel–metal hydride batteries employ the use of aqueous electrolytes or low voltage systems, which pose limitations on increasing the energy density and consequently on reducing the size and weight. Hence, there remains an unfulfilled need for a new, small and lightweight rechargeable battery to be put into practical use.
Research on the lithium-ion battery (LIB) started in the early 1970s, and its first commercialization was achieved in 1991.
Since then, LIBs have grown to become the dominant power storage solution for portable IT devices. The LIB market has continued to expand rapidly for over 25 years, and its worldwide scale now exceeds $92,000 million.
The credit to the first introduction of lithium-ion batteries into the market is attributed to Sony but ever since then extensive improvements have been carried out, significant increases in energy density for one. New applications of lithium-ion batteries are becoming diversified by the day and broad application areas run the gamut from power sources for electric vehicles to stationary power sources and next-generation wearable and Internet of things (IoT). In order to meet the requirements of these applications, new innovations for technologies in lithium-ion batteries are continuously under innovation and development.
With academic scholars focusing on the power prospects of the multifarious aspects involved such as anodes, cathodes, electrolytes, separators, manufacturing processes, et al, diverse research is already underway in most premier institutes of our country yet we are to witness a collaboration between academia and industry.Our platform major emphasis on promoting such new and innovative technological concepts/ideas and processes, thereby bridging the existing gap between latest industry research and its business implications with universal commercial acceptance. Our associations and partnerships with global manufacturers across countries like USA, Canada, Australia, Korea, Japan and China not only aim to bring tremendous insights to the forefront but also serve as a precursor for validation of new and innovative research. Hence on the whole, we are promoting indigenous technology to: