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<root>
    <author>ENA</author>
    <category>Sectors</category>
    <date>2024-04-02 17:19:11</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Apr 2 (KNN)&lt;/strong&gt; In a major development for India's electric vehicle (EV) industry, Bengaluru-based Log9 Materials has announced that its advanced lithium titanate oxide (LTO) batteries have been certified by the Bureau of Indian Standards (BIS).&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;LTO batteries, renowned for their enhanced safety, ultra-fast charging capabilities, and extended durability, offer a compelling alternative to conventional lithium-ion batteries, the company stated in a release&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;By minimising the risk of fire or explosion due to their inherent thermal and chemical stability, these batteries pave the way for safer and more efficient energy storage systems, it added.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This is a great national milestone in India's journey of self-reliance in energy storage as Log9 gets validation for its capabilities to develop and process large-capacity lithium-ion battery cells, said Dr. Akshay Singhal, Co-Founder &amp;amp; CEO of Log9 Materials.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Pankaj Sharma, Co-Founder &amp;amp; Director, echoed this sentiment, stating, We are thrilled to announce a major milestone in our journey towards advancing cell technology based on LTO chemistry. Log9 stands as the sole company in India equipped to deliver commercial-grade lithium-ion cells, exemplified by our 50 MWh commercial cell line.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The BIS certification not only validates Log9's rapid charging capabilities but also opens doors to new financing avenues. Investors often view such certifications as a mark of quality and safety, potentially leading to easier access to capital for future endeavours. This financial boost can propel Log9 as a frontrunner in LTO battery technology for the Indian EV market.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Furthermore, Log9 Materials' commitment to responsible environmental practices is reflected in its recycling program, which ensures the responsible disposal of lithium-ion batteries. The company's 250 MWh annual LTO EV battery production incorporates recycled materials, maximising the utility of these resources and supporting the transition to a net-zero materials future.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With applications spanning electric vehicles, two- and three-wheelers, commercial vehicles, and energy storage systems, Log9's LTO batteries are poised to play a pivotal role in India's electrification efforts, offering enhanced safety, rapid charging, and extended battery life.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>37264</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/log9-materials-achieves-bis-certification-for-advanced-lto-batteries</link>
    <pubDate>2024-04-02 17:19:11</pubDate>
    <source>knnindia.co.in</source>
    <title>Log9 Materials Achieves BIS Certification For Advanced LTO Batteries</title>
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