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Schneider plans new battery tech in India
Mint Mumbai
|November 02, 2023
Schneider Electric India is looking to expand its battery manufacturing portfolio and develop newer technologies and chemistries for batteries.
The company sells its batteries, or uninterrupted power supply solutions, to data centres under the APC brand, and caters to households with Luminous products.
The move to explore newer chemistries comes amid supply concerns over global lithium availability, especially with lithium-ion batteries dominating the market.
In an interview, Schneider Electric India’s chief executive officer and managing director Deepak Sharma said: “As we discuss we are also working on new technologies or batteries for tomorrow, not only from a segment perspective but also chemistry perspective... So there are a couple of designs or discussions on the drawing board of our innovation team and we are building technologies...also evaluating what will be the right chemistry for tomorrow."
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