A new battery design may have the potential to save you a lot of time, money and effort on the long road to retirement.
A new type, a hybrid battery that has the potential of using less energy than conventional batteries has been unveiled by a Bengaluru-based startup called Ag13.
The battery is a hybrid of a conventional battery and a solar cell.
The company is building the battery by combining the best of both the technology and the aesthetics of traditional batteries with the best technology and aesthetics of solar cells.
The hybrid battery is based on the same material as a traditional battery and is designed to be energy efficient, said Ag13 founder and CEO Prabhuti Gopinath.
Gopinathan said the company has received interest from several government agencies, including the Department of Electronics and Information Technology (EDIIT) and the Ministry of Electronics, Information Technology and Telecommunications (MIT).
The company has also applied for the nod of the government to make it a national technology and innovation hub.
“There are several manufacturers that are doing research into these kinds of hybrid battery and we are just the first company,” Gopinsh told The Hindu.
“We are hoping to create a brand that will attract investment and will help companies to sell their products to the consumers.”
The company has raised Rs 5 crore from several investors, including Fadnavis Foundation, Pimpri-Chinchwad Corporation, Vittal Fund and Union Minister for Communications and Information technology Rajiv Shukla.
The project is being supported by Ag13’s parent company, Bharat Solar, which has been building the batteries in collaboration with Agri-Chem.
The batteries are made using the Agri Solar technology.
A large part of the company’s capital is coming from the government.
“We have got government backing to support us, and we have started manufacturing in Bengaluru,” Gopsinath said.
“I am also very proud that our batteries are being made in the government’s own factory in Bengalu.”
“This project has been done for two years, and the government has been helping us with manufacturing and distribution of our products,” he said.
The battery, which will be available in the first half of this year, has a capacity of about 500mAh and has a range of up to 800km.
The company plans to make more products using this technology.
Ag13 has been working on the project for the last three years.
The team also has plans to expand the project into other countries.
Gopsinathan, who is currently working on a project with his company, has started his career as an engineer.
He had been working in manufacturing and technology consultancy at Tata Steel for over 15 years.
Gokul has been involved in many other technology ventures, including in the field of renewable energy, and has also worked for Tata Consultancy Services, a technology consultancy firm.
He has also been working with the government on the development of a public transit system in the city.