With falling battery prices and the emergence of new applications such as electric vehicles and energy storage systems, lithium-ion battery manufacturers are gaining popularity both around the world and in India.
One of the biggest factors driving the demand for lithium-ion batteries is the growing popularity of electric cars. Growing sales of electric vehicles across the country, particularly in the two- and three-wheeler segments, fueled demand. The advantages of lithium batteries over lead acid batteries have changed the use of these batteries.
We must first look at the major lithium-ion battery manufacturers.
Since the battery pack is the most expensive component of an electric car, it costs 30 to 40 percent of the total cost of the vehicle. To reduce dependence on oil and stimulate the use of electric cars, the government intended to offer incentives of $ 4.6 billion to companies building sophisticated battery production plants in 2020.
The telecom category is expected to see a significant increase in demand during the projection period, according to the industry. Telecom service providers seeking green and sustainable alternatives to power telecom towers and other services are driving the demand for lithium-ion battery-based solutions. Let’s take a look at some of the leading lithium-ion battery manufacturers in India.
In India, more investments are needed from capable producers. India as a market has great potential to grow and become a self-sufficient country in this area.
Battery Industry in India
Today, batteries represent 40-50% of the BOM costs for a typical compact class electric car, compared to 30-40% of the costs of conventional powertrains. India’s lithium-ion battery market is expected to grow significantly over the next five years. A report by JMK Research estimates that India’s annual lithium-ion battery market will grow at a CAGR of 37.5% to reach 132 GWh by 2030.
The cumulative size of the lithium-ion battery market is estimated to lithium will increase from 2.9 GWh in 2018 to around 800 GWh by 2030. Global sales of new electric vehicle (EV) vehicles, mainly battery electric vehicles (BEVs) and (PHEVs), are expected to increase by 3.5% share of passenger vehicle sales globally, according to consulting firm Mckinsey. in 2020 to 39% in 2030. due to regulatory pressures and changing customer demand.
When it comes to lead-acid batteries in the Indian market, Amaron and Exide are the market leaders with over 70% of the combined market share. Technological maturity, as well as the development of connections with OEMs, well-developed supply chains and manufacturing facilities across the country. For lithium-ion batteries, OEMs rely on Chinese manufacturers for the battery cells and packages as a whole.
An unorganized market occupies a market share of 30-40% of the market, leaving the rest to the organized market. It has been found that local manufacturers on the unorganized market provide a 20-30% cheaper option than branded battery products with similar configurations.
How does the lithium battery work
A battery consists of an anode, a cathode, a separator, an electrolyte and two current collectors (positive and negative). The anode and cathode store lithium. The electrolyte carries the positively charged lithium ions from the anode to the cathode and back through the separator.
The movement of the lithium ions creates free electrons on the anode which create a positive charge on the current collector. The electric current then flows from the current collector through a powered device (cell phone, computer, etc.) to the negative current collector. The separator blocks the flow of electrons into the battery.
A lithium battery consists of an anode, cathode, separator, electrolyte and current collectors. When the battery is charging, the positive electrode gives up some of its lithium ions which travel through the electrolyte to the negative electrode. The battery captures this energy and stores it.
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How to make a battery
From smartphones and electric cars to home energy storage devices, rechargeable batteries power our modern lives. But have you ever stopped to wonder what is inside these devices that allow us to send emojis, drive around the city and much more? If so, check the advanced battery installation.
The facility is one of the few experimental battery manufacturing laboratories available to help academia and industry develop and test new batteries.
Most of these locations are owned by private companies who keep their proprietary tests secret, but some Pacific Northwest National Laboratory, Oak Ridge National Laboratory and Argonne National Laboratory (DOE) operate more open facilities, so the results can often be made public.
Lithium ion battery manufacturers in India
Below we list some of the leading manufacturers of electric vehicle batteries.
Amara Raja Batteries
The Amara Raja group is known for its Amaron car battery brand, the second most popular brand in India after Exide Industries. Amara Raja Group, founded by Dr. Ramachandra N. Galla, is one of the fastest growing companies in India with over $ 1 billion in revenue. and a global customer base of over one billion people.
The company is committed to improving the environment, society, customers, suppliers, people and shareholders through engaged employees, responsible teams and leadership. business development.
Amara Raja Corporation, headquartered in Tirupati, is an Indian conglomerate that produces: car batteries, packaged foods and drinks, electronic production, infrastructure sector, Production and construction of electrical systems, Manufacture of sheet metal and screws.
Li Energy
Li Energy purchased 125 acres of land in Thondi, Tamil Nadu to develop the SEZ and develop the lithium-ion cell manufacturing unit. The Company also signed a MoU under the leadership of a government investment agency in Tamil Nadu. Li Energy is developing its project in stages. In phase 1, November to December 20201, the 1 GW capacity of the lithium-ion prismatic cell will be fully functional. the cost is between 15 and 20 million dollars.
Phase 2 involves the pilot production of 150 MW of lithium-ion cell development. Phase 3 involves the creation of the Cell Material company for LFP, NMC and LTO chemicals with CECRI – CSIR technology. Phase 4 consists in downsizing the cell production capacity plant to 1 GW. The total investment involves Rs 750 crore within 4 years apart.
HBL Power
HBL NIFE Power Systems Limited (formerly Sab Nife Power Systems) is an Indian manufacturer of batteries and power systems based in Hyderabad. Hyderabad Batteries Ltd (HBL), founded in 1977, and SAB Nife Power Systems Ltd, founded in 1986, merged in 1999 to form the company.
HBL Power Systems Limited is a world leader in advanced technology batteries (lead acid, nickel cadmium and specialty defense) and DC systems for a variety of industries.
According to their LinkedIn account, HBL is the SECOND LARGEST nickel-cadmium battery manufacturer in the world and the ONLY Indian company using PLT VRLA battery technology. HBL products are known to be reliable, safe, affordable, durable and environmentally friendly.
The first successful products selected and developed were aircraft batteries, which ultimately led HBL to offer the world’s widest range of specialty batteries. The company has entered new businesses and markets that use our batteries, such as industrial electronics, defense electronics and railway electronic signaling.
In India, HBL has six manufacturing plants and three international partner companies. Many well-known companies and customers around the world have used and approved their batteries and DC UPS.
They have a long track record of supplying customers for their various needs in the aviation, defense, oil and gas, process industries, energy backup applications, substations, switchboards, telecommunications, etc., with a turnover of 240 million dollars.
OKAYA Group
Okaya Group is one of the leading companies in the production of high quality solar batteries, E-rikshaw batteries and VRLA batteries produced under the Okaya, Digipower and Mtekpower brands.
All batteries produced are ISO certified. The company has 9 manufacturing plants and 33 warehouses in India. It has a dealer network of nearly 40,000.
BYD
Founded in February 1995, BYD has grown from a startup with 20 employees to a global company with 240,000 employees. The company has founded more than 30 industrial parks on six continents and plays an important role in sectors such as electronics, automotive and new energy. and rail transport. BYD offers zero-emission solutions, from energy generation and storage to its applications.
Lithium-ion batteries require little maintenance and use alternating lithium compounds as electrodes. Because these batteries are relatively lighter than other batteries, they are used in a wide variety of products, including automobiles, mobile devices, pacemakers, and personal computers.
EON Electrical Pvt Ltd
EON electric ltd is a medium-sized company that produces lighting equipment. and started lithium-ion battery production as a state-of-the-art facility at SIDCUL, Haridwar. In 2015, Eon Electric was in the spotlight for winning an Rs 11 crore tender for LED street lighting projects.
Evolute Solutions Private Limited
Evolute Solutions Private Limited is a Mumbai-based company that manufactures batteries for inverters, UPSs and automobiles, including automobiles, two-wheelers, heavy-duty vehicles, cell phones, laptops and various other electronic devices.
Future Hi-Tech Batteries
Future Hi-Tech Batteries is one of the first lithium ion battery manufacturers in India. They produce more than 800 types of battery packs. In addition to lithium-ion batteries, the company also offers an intelligent BMS (Battery Management System).
The company recently launched its latest product: a customized 4-wheeler battery pack. This module is constructed with an automotive grade cell holder that provides ample voltage isolation.
Amperex Technology Ltd ( ATL)
ATL is the world’s leading manufacturer and inventor of lithium-ion batteries, recognized worldwide for its high technology and expertise in the design, manufacture and packaging of high-quality lithium-ion battery cells and assemblies.
It is a world-renowned lithium-ion battery innovator and manufacturer and a high-tech company dedicated to providing: High quality Li-ion battery cells, Containers and systems integration solutions, In addition to advanced technology.
Exide Technologies
Exide, a leading manufacturer of car batteries, manufactures and supplies batteries for four-wheelers and car manufacturers in India, including the largest car batteries operating in the country. Exide is one of the latest lithium battery manufacturers in India. The Exide car is designed with an SUV battery to withstand the toughest road.
Also, all Exide car batteries in India are within your budget. The company provides fast, informative and seamless site management for car batteries, UPS batteries, and HUPS. Some of the features of this organization are: Quick response, immediate help, security guarantee.
Bharat Power Solutions
Lithium-Ion batteries, custom battery packs, lithium iron phosphate battery, LiFePO4 battery pack, lithium polymer battery pack, Nicd battery pack, Ni MH battery pack and others are some of the products we offer. This collection is crafted with premium quality materials and state-of-the-art machinery that follow industry standards.
Blue Energy
Blue Energy Co., Ltd. was founded in 2009 and is headquartered in Fukuchiyama, Japan. It operates as a subsidiary of GS Yuasa Corporation and manufactures and markets lithium ion batteries.
It also offers EH4 cells and EH4 civilian hybrid batteries systems.
A123 Systems
A123 Systems was founded in 2001 and is headquartered in Livonia. In addition, the company develops, manufactures and markets lithium iron phosphate nanophosphate batteries and energy storage devices around the world.
Automotive Energy Supply Corp
Automotive Energy Joint Stock Company was founded in 2007 and is headquartered in Zama, Japan. The company operates as a subsidiary of Nissan Motor Co. Ltd. It is engaged in R&D (RandD), manufacturing and sales of lithium-ion batteries for automotive applications.
In addition, the company supplies lithium-ion cells, modules and packages for electric vehicles (EVs) and hybrid electric vehicles (HEVs).
