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."
This story is from the November 02, 2023 edition of Mint Mumbai.
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This story is from the November 02, 2023 edition of Mint Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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