Offgrid Energy Labs, a young IIT Kanpur backed innovator and disruptor in the battery technology segment, today announced its innovative ZincGel® Battery Technology to strengthen India’s EV battery swapping segment with sustainable batteries.
The start-up will be targeting mobility partners to bring forth solutions for fleets operating low-powered electric vehicles like two-wheelers and three-wheelers.
ZincGel Battery Technology, in comparison to lithium-ion and lead-acid material batteries, are non-flammable and reduce the damaging impact on the environment. Offgrid Energy Labs plans to commercially launch ZincGel® products in India by next year.
ZincGel® Battery Technology is a highly efficient alternative to the costly imported batteries that are currently available in India. It will balance the performance and pricing of batteries with the introduction of zinc-based non-toxic materials.
The first-of-its-kind technology has promising concepts and designs to address most of the issues faced by Li-Ion batteries especially in battery swapping sector. The efficient energy storage batteries developed by Offgrid Energy Labs can transform the energy landscape not only in India but around the world, fostering the growth of renewable energy and supporting the transition to clean energy.
In the next five years, the global EV market is going to be worth USD 100 billion, of which India is expected to have about 10-15% share, considering its ambitious renewable energy goals. Offgrid Energy Labs works on a partnership model that leverages the eco-system while the company will primarily focus on technology innovations within ZincGel Battery for different applications.
The company is progressing various conversations with established brands in the last mile connectivity business like battery manufacturing, battery swapping and other ecosystem enablers to create a financially viable network. The company has already established partnership with players such as Shell in the segment and are witnessing growing demand for the product simultaneously.
Offgrid Energy Lab’s partnership model and ZincGel manufacturing technology coupled with the Government of India’s support to manufacturing through Advanced Cell Chemistry PLI scheme can ensure that these challenges are addressed.
Offgrid Energy Labs’ ZincGel Battery Technology is non-flammable and has energy efficiency at par with lithium-ion batteries but with twice the lifecycle and negligible operational cost, which can lead to large savings for two-wheeler EV operators. ZincGel Battery Technology can prove to be a viable option to conventional batteries by creating high quality batteries that can handle performance and thermal stress, ensure zero flammability and ease of manufacturing, and are made from recyclable materials.
“We are here to reduce the dependency on Lithium-Ion battery packs and move to sustainable battery storage serving both the stationary as well as specific mobility applications. The demand for batteries is set to skyrocket soon not just in India, but across the globe. What differentiates ZincGel® technology is innovative chemistry, design and democratized materials. We look forward to announcing further strategic pilots that solve vexing problems in the energy storage space. For electric 3 Wheelers ZincGel will offer at least three times the life so that operators reducing the frequency of battery replacement. because of all these features, zinc gel is going to be cost efficient and safer than any other battery technology used in these applications.” says Rishi Srivastava, Co-founder, Offgrid Energy Labs.
Offgrid Energy Labs’ innovations are accelerating the shift towards democratized, sustainable, safer, and efficient energy storage solutions. The company primarily focuses on renewable energy storage, microgrids, electric vehicle charging and grid applications in utilities.
