Top Lithium-ion Batteries Manufacturers in India 2022
Lithium-ion Battery Manufacturers: Nowadays in the growing industry for electric cars, Lithium-Ion batteries are very demanding. Rising sales of EVs across the globe have boosted the demand for Lithium-Ion batteries. Lithium-Ion batteries have some awesome advantages over lead-acid batteries. Here are the top Lithium-Ion Batteries manufacturers in India in 2022.
The electric vehicles market is expected to reach $300 billion by 2030. While the secondary large market of more than 2.5 million e-rickshaws and 4,00,000 lead-acid battery-powered two-wheelers now on the road.
Lithium-ion batteries are the most expensive part of an electric car(EV), 40-50% of the total cost. Demand for Li-ion batteries for EV applications is predicted to rise as the use of electric vehicles grows in our transportation system. In addition to electric vehicles, other applications such as renewable energy grid integration will increase Li-Ion battery demand.
According to government forecasts, India will require a minimum of 10 GWh of Li-ion cells by 2022. By 2025, it will have increased to roughly 60 GWh, and by 2030. It will have increased to around 120 GWh.
Li-ion cells are now being imported from China or Taiwan to be assembled into batteries in India, or battery packs are being supplied already assembled. These imports will be highly expensive for India’s economy.
India currently lacks lithium (the lightest metal), cobalt, and lithium-ion battery manufacturing expertise. The government plans to stimulate local lithium-ion battery production by granting FAME incentives based on battery chemistry and raising import levies.
In the near future, local Lithium-ion battery manufacturers are expected to lower the cost of electric vehicles.
There are a few companies that make cells, others that make battery packs for third-party OEMs, and some that assemble batteries.
- Lithium cell manufacturing
- Battery pack manufacturing
- Lithium battery assembling
Below are some of the lithium-ion battery manufacturers in India
TDS Lithium-Ion Battery Gujarat
TOSHIBA, DENSO Corporation, and Suzuki Motor Corporation are constructing TDSG, India’s first lithium-ion battery facility, in Gujarat, to produce and supply lithium-ion batteries to Maruti Suzuki and Suzuki Motor Gujarat.
Suzuki’s production operations change as TOSHIBA evolves. DENSO’s modular technologies and technologies
A joint venture to manufacture lithium batteries has Suzuki (50 percent), TOSHIBA (40 percent), and DENSO as shareholders (10 percent ). A lithium battery facility was built by three Japanese corporations for a total of $ 180 million.
Exide Industries
Exide Industries has formed a 75:25 joint venture with Leclanche SA, one of the world’s leading energy storage companies, to produce lithium-ion batteries. For the time being, Leclanche’s facility in Germany importing the cells.
Claiming that cell production will begin at a later date, on July 10th, 2020, at the local factory. Stefan Louis, CEO of Nexcharge, announced that the company’s manufacturing line in India is now ready to create Li-ion pouch cell battery modules.
Amperex Technology Limited (ATL)
In August 2020, a Japanese firm, Amperex Technology Limited (ATL), purchased 180 acres of land in Haryana to establish a Lithium-ion Polymer (LIPO) battery manufacturing factory.
ATL is a global leader in the supply of LIP batteries, with headquarters in Hong Kong. The company already operates two cell production operations in China.
Lucas TVS
In August 2021, Lucas TVS, a manufacturer of automotive electrical components, and 24M Technologies, a Cambridge, Massachusetts-based Lithium-ion battery technology company, announced cooperation to establish a Giga facility near Chennai using the latter’s SemiSolid platform technology. The first facility is planned to begin commercial production in the second part of 2023.
According to 24M’s website, their production approach saves more than 50% in capital expenses when compared to a standard manufacturing line.
According to a press release, 24M’s cell design increases safety, dependability, and traceability by effectively removing the most common source of shorts in conventional lithium-ion cells: metal contamination.
TATA Chemicals
TATA Chemicals operates a 127-acre complex in Dholera, Gujarat, that can yearly generate up to 10 GW of active materials, Li-ion cells, and batteries, as well as recycling operations.
The company expects to commission a commercial pilot cell production plant by 2021, with the capacity to develop to 3 to 5 GW by 2025, depending on market demand, at a cost of INR 800 crores. The cells will be utilized to store energy in both automobiles and stationary applications.
Manikaran Power Ltd
Manikaran Power Ltd is planning to build a lithium hydroxide battery raw material plant that will produce 20.000 LCE (Lithium Carbonate Equivalent). By the middle of 2024, it is expected to be completed.
One of India’s top power trading and renewable energy corporations, Manikaran Power Limited, would invest $300 million in the refinery’s construction. The company would import lithium ore from Australia and refine it into battery-grade material.
Li Energy
Li Energy has built a lithium-ion battery plant in India to ensure that electric vehicles and renewable energy have a long-term future. It has a yearly production capacity of 1.2 gigawatts (the largest lithium-ion battery manufacturing facility in India).
The company employs prismatic lithium iron phosphate battery technology, which is excellent for the Indian market because it is safe, durable, and cost-effective, as well as capable of continuously regulating the temperature. It was created in 2019 and is a privately held corporation situated in Chennai, Tamil Nadu.
Amara Raja Batteries
The Amaron vehicle battery brand is the second most popular in India after Exide Industries. It is owned by the Amara Raja Group. Dr. Ramachandra N. Galla’s Amara Raja Group is one of India’s fastest-growing businesses, with over $1 billion in revenue. and a customer base of over one billion people around the world.
Through engaged individuals, empowered teams, and leadership, the organization aspires to better the environment, society, customers, suppliers, people, and shareholders.
Tirupati-based Amara Raja Corporation is a conglomerate based in India that produces:
- Car batteries,
- Packaged food and beverage,
- Electronics manufacturing,
- Infrastructure sector,
- Electrical systems manufacturing and manufacturing,
- Sheet metal and fasteners manufacturing
HBL Power
HBL NIFE Power Equipment Limited (previously Sab Nife Power Systems) is a Hyderabad-based manufacturer of batteries and electrical systems. The company was formed in 1999 when Hyderabad Bat Battery Ltd (HBL) and SAB Nife Power Systems Ltd (SAB Nife) amalgamated.
HBL Power Systems Limited is a global pioneer in advanced battery technology (lead-acid, nickel-cadmium, and unique protective devices), as well as DC systems for a variety of sectors.
HBL is the world’s second-largest nickel-cadmium battery manufacturer, according to LinkedIn ID. And the only Indian firm that uses PLT VRLA battery technology.
Lithium-ion Battery Market Manufacturers Globally
Panasonic
Panasonic Corporation is based in Kadoma, Japan, and was founded in 1918. Panasonic-branded electrical and electronic devices are manufactured, sold, and serviced by the corporation and its subsidiaries all over the world.
Green solutions, communications solutions, automotive and industrial systems, and other industries are where it makes its money.
Automotive Energy Supply Corp.
The Automotive Energy Joint Stock Company is based in Zama, Japan, and was created in 2007. Nissan Motor Co. Ltd. owns and operates the firm.
It is involved in lithium-ion battery research and development, manufacturing, and sales for automotive applications. In addition, the company manufactures lithium-ion cells, modules, and packages for electric and hybrid vehicles (HEV).
Samsung SDI
Samsung SDI Co., Ltd. was founded in 1970 and manufactures and sells batteries all over the world. Chemicals, electronic materials, and energy are the three segments in which the corporation operates.
It also sells lithium-ion batteries in tiny sizes for laptops, tablets, phones, and other portable devices, as well as rechargeable batteries, power tools, garden tools, vacuum cleaners, electric bicycles, scooters, and ignition devices.
LG Chem
LG Chem is based in Seoul, South Korea, and was founded in 1947. HitGen Ltd. is a partner in the company. Engineering plastics, thermoplastic elastomers, specialized compounds, and polycarbonate are among the products available.
A123 Systems
A123 Systems is based in Livonia and was formed in 2001. The company also develops, manufactures, and sells lithium iron phosphate nano phosphate batteries and energy storage devices all over the world.
Toshiba
Toshiba Corporation is based in Tokyo, Japan, and was founded in 1875. The corporation manufactures and markets electrical and electronic items all over the world with the help of its subsidiaries.
Electrical systems and solutions, infrastructure systems and solutions, printing, and retail are among the company’s six segments.
Furthermore, the company provides infrastructure systems such as energy, transmission and distribution, industrial transport, railways, security and automation, broadcasting and networks, electrical phenomenon systems, and water supply, as well as solutions for printing and IT., building, and POS system; aerodrome instrumentality and solid-state weather radar; elevators and escalators; and printing and IT solutions.
Blue Energy
Blue Energy Co., Ltd. is based in Fukuchiyama, Japan, and was founded in 2009. It manufactures and markets lithium-ion batteries as a subsidiary of GS Yuasa Corporation. In addition, EH4 cells and EH4 civilian hybrid batteries are available.
BYD
BYD, which began with 20 people in February 1995, has expanded to a global enterprise with 240,000 employees.
The corporation operates over 30 industrial parks on six continents and is a major player in areas like electronics, automotive, new energy, and rail transportation.
From power generation and storage to your applications, BYD has zero-emission solutions.
Lithium-ion batteries use alternating lithium compounds as electrodes and require minimum maintenance. These batteries are utilized in a wide range of items, including autos, mobile devices, pacemakers, and personal computers because they are lighter than other batteries.
BAK Group
BAK Group, based in Longgang District, Shenzhen, Guangdong Province, has evolved into a new energy corporation with three major businesses: lithium batteries, electric vehicles, and battery recycling.
Shenzhen BAK Power and Zhengzhou BAK Battery are two companies that combine R&D, production, and sales of lithium batteries and electric vehicles.
To support a huge domestic market, the corporation maintains subsidiaries in Europe and India, as well as offices in the United States.
