Summary The Global X Lithium & Battery Tech Fund (LIT) focuses on the promising lithium-ion battery market. The demand for lithium is heavily influenced by the demand for electric vehicles, with both set to rise sharply over the next two decades. LIT focuses on the US, where the EV market is expected to increase 30+-fold […]
Push Towards Renewable Energy Now Cheaper: IIT-Hyderabad Start-Up Develops Economically Priced Li-Ion Batteries
PuREnergy, an Indian Institute of Technology (IIT) Hyderabad incubated startup will be launching commercial lithium-ion batteries at the Renewable Energy Expo 2018 in Greater Noida, The Hindu has reported. The startup was founded in 2016 by Nishanth Dongari, an assistant professor in IIT Hyderabad. “We are in discussion with defence laboratories for battery applications in […]
