Epsilon to invest Rs. 300 crore in Battery Technology Centre

Epsilon to invest Rs. 300 crore in Battery Technology Centre

The facility will provide specialized testing services for battery performance materials, including anodes, cathodes, electrolytes, and electrode formulations

  • By ICN Bureau | June 02, 2023

Epsilon Advanced Materials (EAMPL), India’s leading battery materials manufacturer, has entered into a Memorandum of Understanding with KRI,  a prominent Japanese research company, to establish a cutting-edge Advanced Technology Centre with an investment of Rs. 300 crores.

The primary objective of this facility is to advance domestic capabilities in testing advanced cell-grade materials and bolster the Indian battery performance materials testing and manufacturing landscape within the electric vehicle (EV) ecosystem. This collaboration will position India as a global hub for battery performance material technology research and innovation.

KRI Inc., an affiliate of Osaka Gas, is renowned in the global research industry for more than 35 years. It specializes in analysing and determining electric materials, nanomaterials, energy conversion technology, and environmental conservation technology. Through this partnership, the company aims to expand its global footprint by providing commercial services related to advanced research.

Upon signing the MoU with KRI, Vikram Handa, Managing Director, Epsilon Advanced Materials, expressed, "The signing of this MoU marks a landmark moment for Epsilon Advanced Materials and the Indian battery research and manufacturing ecosystem. Our collaboration with KRI Inc. will enhance battery materials research and innovation in the country, reaffirming our commitment to delivering only the highest quality products to our valued customers."

Expressing his thoughts on the MoU, The President of KRI Dr. Shinichi Kawasaki says, “We are pleased to sign this MoU with Epsilon Advanced Materials, this collaboration is not only an advancement for EV and battery industry but also promotes scientific research and innovation. The advanced cell testing facility will become a common testing ground, attracting cell manufacturing companies from India and overseas. This facility will be equipped to offer a wide range of testing services to ensure highest quality and performance of products.”

 The Advanced Technology Centre in India will enable EAMPL to contribute to the national advancement of EV adoption and progression. The facility will provide specialized testing services for battery performance materials, including anodes, cathodes, electrolytes, and electrode formulations. Additionally, the centre will conduct battery testing and evaluation, failure analysis of batteries and related materials, research programs, training programs, and modules.

The research facility is designed to cater to the needs of battery manufacturers and customers in India and worldwide, offering cost-effective solutions and globally recognized certifications for performance material products. It is expected to generate employment opportunities for researchers and scientists, fostering international exposure and collaborative efforts.

EAMPL remains committed to establishing a comprehensive battery development ecosystem in India, and the Advanced Technology Centre plays a pivotal role in realizing this vision. The collaboration with KRI Inc. not only reinforces Epsilon's dominance in the Indian and global markets but also enables the provision of innovative, efficient, safe, and cost-effective battery solutions. Furthermore, this partnership positions Epsilon as a trailblazer in advanced battery technologies, leveraging research-backed innovation.

By establishing this advanced technology centre, EAMPL intends to centralize and streamline testing processes, providing cost effective solutions for both established and emerging cell manufacturing industries. This partnership will create job opportunities for local talent, reduce the reliance on costly overseas research and development. Furthermore, the research facility will elevate India's research landscape, establishing India as a global leader in technology and innovation.

“With the mutual expertise of KRI and Epsilon Advanced Materials, we are confident that this advanced research facility will be the centre of excellence in battery materials and EV testing,” added Handa.

Epsilon Advanced Materials, a leading global provider of battery material solutions, manufacturing high performance, innovative, quality, and green Lithium-ion battery (Lib) materials. Established in 2018 and headquartered in Mumbai, their mission is to support the global battery industry with clean and green power. They have a global footprint across Europe, North America, and South-East Asia.

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