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2nd IESA- ICAT EV conclave End-of-show report

May 24, 2018 / News & Updates

India has a significant market potential for batteries and electric vehicles. It is expected that a cumulative 70 Million EVs could be sold in India till 2030 and this would create a market for a cumulative 800 GWh for advanced energy storage systems over the next 12 years. In next 5 years, it is anticipated that with the continued drop in price of key components, EVs would become cost competitive with respect to ICE vehicles even on the upfront capital cost basis besides on ROI basis.

Going by the trends of the past decade, as the Li-ion cell prices have fallen steeply from US$1000/ kWh in 2010 to US$ 250/ kWh now, a further 20-30 % cost reduction is anticipated in next 3-5 years which may take prices below US$ 190/ kWh. It is also anticipated that in 2018, construction of at least two Li-ion cell manufacturing plants with a capacity of 1 GWh or more each will commence in India with the anticipated completion outlook in early 2020, bringing India on the global map of Giga Factories.

Looking at all these data and trends, the growth of energy storage and EVs appears very promising for our country and it is highly desirable and appropriate that we deliberate and discuss on the Energy Storage and EV technologies and challenges in conferences like this one.

The first Edition of this conclave was organized by International Centre for Automotive Technology (ICAT) and India Energy Storage Alliance (IESA) in 2017. The conclave brought together various stakeholders in the Indian EV Industry including battery manufacturers, EV Manufacturers and policy makers. Looking at the overwhelming response received from the industrial community during the first conclave, IESA and ICAT jointly decided to continue this initiative by partnering to make it an annual event.

This year, IESA and ICAT jointly organized two days EV conclave on 17th & 18th May 2018 which focused on the EV policy, battery technology, charging infrastructure and future EV roadmap for India. It also covered two focused workshops on Lead Acid and Li-Ion and an informative battery lab visit to study battery testing infrastructure and how it is being used to ensure quality and safety of vehicles. The conclave witnessed fantastic response from the stakeholders of the EV industry. There were 6 exhibitors with Delta Electronics and Keysight Technologies as Silver partners and Sams Advanced Climatic Technologies as Bronze partner. The conclave witnessed more than 250 participants from more than 100 companies from India, Bangladesh, China, and USA.

The event was conceptualized with an intent to discuss current trends, upcoming trends, challenges and opportunities in EV. We are at the transition between lead-acid batteries, the tried-and-true technology used for decades, and lithium-ion’s promise of higher density, improved resiliency, and longer cycle life. Day 1 of the event was a ‘Battery Showdown’ with workshops on Lead-acid battery and Lithium-ion battery operation and maintenance, followed by a lab visit which gave insights on battery testing and certification. Day 2 was seminar oriented with sessions on EV Policy, Battery technology, Charging Infrastructure and emerging business models in EV. Mr. Dinesh Tyagi, Director, ICAT released the magazine “Emerging Technology News (ETN)”published under the aegis of IESA.

About India Energy Storage Alliance (IESA):

IESA was launched in 2012 to assess the market potential of Energy Storage Technologies in India, through an active dialogue and subsequent analysis among the various stakeholders to make the Indian industry and power sector aware of the tremendous need for Energy Storage in the very near future. It aims to make India a global hub for research and manufacturing of advanced energy storage technologies by 2022.

IESA website: http://indiaesa.info