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In a momentous development, Bangladesh is venturing into the production of lithium batteries – a move that is poised to revolutionise the country's energy landscape by accelerating the adoption of electric vehicles and enhancing energy storage capabilities.
Bangladesh Lithium Battery Ltd. is the company first to take on this venture. The company has already finished the infrastructural development of the plant and hopes to start producing batteries at the beginning of 2024, said Mir Masud Kabir, managing director of Bangladesh Lithium Battery Ltd., in a media interview.
Lithium will replace lead-acid batteries, which are commonly used in IPS and UPS in Bangladesh. "Lithium batteries are relatively environment-friendly and have 15 years life compared to one year for lead-acid batteries," said Kabir. He said he will use global standard technology, a mixture of Korean, Japanese and Chinese in the plant.
Bangladesh Lithium Battery Limited, an innovative enterprise, is all set to establish a state-of-the-art plant in Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsarai, Chattogram.
Image by Muhammad Mostafigur Rahman. According to the Bangladesh Road Transport Authority, about 1.5 million lead acid-based battery-run three-wheelers are running on the country’s roads, which consume much power from the national grid. The proposed domestically-made lithium battery is intended to replace those.
To lessen pollution and reliance on fossil fuels, Bangladesh intends to phase out internal combustion engines in favor of electric vehicles. EVs favor lithium-ion battery technology over other types of batteries for propulsion. As part of this, lithium battery production is the first step to implementing the targets.
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