Top 10 EV Battery Manufacturers in India in 2022
The battery pack is an electric vehicle’s metaphorical heart and soul, even though the motor may be the source that actually propels it. If you’re looking for a new or used electric car, one should consider the battery’s specifications and other factors that will eventually have an impact on how well it performs.
Reasons Why EVs Are Becoming Increasingly Popular
Cheaper to run
For a similar-sized vehicle traveling the same distance, using gasoline would cost around 40% more than using electricity to charge an electric vehicle. The cost will be reduced if you charge your EV at free charging stations or with your solar PV system.
Cheaper to maintain
A traditional fuel or diesel car has more moving components than a battery-electric car. Servicing is less frequent and less expensive than a petrol or diesel car.
Every EV battery ages (become less efficient). Most automakers guarantee that EV batteries won’t deteriorate below a specific point for eight years or more. During the time you own an EV, a battery replacement may be needed.
A PHEV will cost more to operate than a BEV because they include a gasoline or diesel engine that requires maintenance.
Better for the environment
Pollution reduction: By opting to drive an electric vehicle, you may lessen the air pollution that comes from car exhaust emissions. Even though an EV has no exhaust emissions, some greenhouse gas emissions are still produced when it uses the power grid to charge.
Renewable energy: You can lower your greenhouse gas emissions even more if you have a solar PV system and charge your electric car throughout the day. Purchasing GreenPower from your electricity retailer is an additional choice. Additionally, your electricity is generated from renewable sources even if you recharge your EV through the power grid.
Better for our health
Our health will benefit from decreased dangerous exhaust emissions. Less health issues and financial costs brought on by air pollution will result from improved air quality. Additionally, EVs are quieter than gasoline and diesel vehicles, which reduces noise pollution.
About EV Battery
A lithium-ion battery pack or a nickel-metal hydride battery pack is used to power an electric car. Because most large companies like Apple or Samsung use this technology, the former functions more like a mobile phone. The battery unit is made up of hundreds of separate cells that are tightly packed together to form the one sizable piece of battery that fits inside the chassis.
Kilowatt-hours (or kWh) are the measurement unit for a battery unit’s energy capacity. Consider this to be the gasoline tank capacity of a typical internal combustion engine car. Therefore, the longer the range and the more power one can use from the electric car in question, the higher the battery capacity.
How long do they last?
This is one aspect of the transition that might not be entirely easy just yet, given the kind of longevity that ICE cars provide. The fact that EVs have fewer moving parts than a gasoline or diesel engine is a good thing, though. In theory, this should lower repair costs and lengthen the lifespan of an electric car. However, the battery pack’s capacity is the only factor affecting this. For example, the battery pack and motor on Tata Motors’ recently released Tigor electric vehicle are covered by an eight-year or 1,60,000 km guarantee.
Since most experts believe that the average EV’s battery life should be about ten years, this isn’t too concerning, to be honest. However, there are still a number of variables that influence an electric car’s age, like the weather, the roads, and the battery pack’s quality. However, in terms of actual range, the larger the battery unit, the more power and range an EV can provide.
Why do they cost so much?
The majority of battery packs are rather big, to start. Second, the technology is still being developed and is still very young. Another crucial point to have in mind with regard to electric vehicles is that, despite the fact that they don’t emit any emissions when in motion, the production of lithium-ion battery packs and the actual automobiles still depends on sectors that use fossil fuels. However, studies have proven that in the long term, it is both less expensive and better for the ecosystem as a whole! However, for the time being, electric cars are more expensive than their gasoline-powered equivalents.
For example, the Tata Tigor EV is nearly twice as costly as the petrol-powered Tigor compact sedan’s base model. As EVs gain more and more acceptance around the world, this is probably going to change.
When can I have one?
This query can be a little challenging. That’s because the best recommendation would be to hold off until the nation has a stronger EV infrastructure. This includes better R&D, more charging stations, extensive testing of EVs on Indian roads, and many other things. However, the reality is that every consumer will have to intentionally opt to make the switch and go the EV route sooner rather than later.
Here’s a list of the top 10 EV Battery Manufacturers in India in 2022
1. Exide Industries
Exide Industries Ltd. is a Kolkata-based multinational life insurance and storage battery producer in India. Exide Industries, one of the major EV battery producers in India, is already well-known on this list. Exide has established itself as a reputable brand name and is synonymous with batteries in the Indian automobile battery market. It ranks as the fourth-biggest lead-acid battery manufacturer in the world and the largest in India.
It has manufacturing facilities in Sri Lanka and India and a dealership network in 46 nations across five continents. Exide has four major lead-acid battery recycling facilities, two of which are located in the United States and one each in Spain and Portugal. According to the business, these facilities handle lead in a way that allows for 99 per cent recycling.
Exide Industries bought ING Vysya Life Insurance’s whole share capital in January 2013. Exide Life Insurance Company Limited replaced ING Vysya Life Insurance Company Limited as of May 2014.
Seven factories belonging to the company are spread out across the nation: two in Maharashtra, two in West Bengal (Mother Plant) at Shamnagar and Haldia, one in Tamil Nadu at Hosur, one in Haryana, and two in Uttarakhand. The Indian Navy solely receives submarine batteries from Exide.
2. Amara Raja
The flagship company of the Amara Raja Group, Amara Raja Batteries Limited (ARBL), is a leader in technology and one of the biggest producers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery market.
Renowned original equipment producers like Maruti Suzuki India Limited, Hyundai Motors India Limited, Ford India Limited, Tata Motors Limited, Mahindra and Mahindra Limited, Honda Cars India Limited, Renault Nissan, Honda Motorcycles & Scooters India Private Ltd, Royal Enfield, Bajaj Auto Ltd, and many more are some of the prestigious original equipment manufacturers that ARBL serves as clients. Batteries for industrial and automotive use are exported by the company to 32 nations all over the world.
Amara Raja is the go-to supplier for several industry sectors in India, including power, oil & gas, Indian Railways, the UPS sector (OEM & Replacement), key telecom service providers, and telecom equipment makers.
3. Li-S Energy
BNNTs and other nanomaterials are included in battery components as part of Li-S Energy’s mission to provide the finest battery technology based on more sophisticated lithium-sulfur chemistry.
A venture between the initial shareholders of Li-S Energy, PPK Group Limited (through its nominee subsidiary, PPK Aust), BNNT Technology Limited (BNNTTL), and Deakin University resulted in the creation of Li-S Energy. With the aim of creating a battery technology based on more sophisticated lithium-sulfur chemistry, where BNNTs and other nanomaterials are included in battery components, Li-S Energy was registered on July 12th, 2019. Compared to contemporary lithium-ion and lithium-sulfur batteries, this combination is intended to increase battery energy capacity and cycle stability.
Initial testing has shown that the Li-S Energy lithium-sulfur batteries outperform traditional lithium-sulfur batteries in terms of capacity, performance, stability, and cycle life.
Additional provisional patent applications have been filed for the science underlying this innovation, and TMPR Consulting, a highly regarded team of battery experts, has confirmed the testing methods and findings.
The expertise and knowledge of BNNTTL regarding the practical application of BNNTs, and Deakin University’s earlier ten years of research into the creation of novel uses for BNNTs and future battery technologies, including the patent for “Flexible Lithium-Sulfur Batteries,” have all been helpful to Li-S Energy in achieving these results.
Li-S Energy and BNNTTL have agreements in place for the supply of BNNTs and the exclusive distribution of BNNTs to the battery sector for the production of lithium-sulfur batteries.
4. Manikaran Power Limited (MPL)
MPL is venturing into the EV ecosystem envisioned by the Honorable Prime Minister and wants to set up a Lithium Refinery in India. The Project is expected to cost about USD 300 million, with a commissioning schedule by 2024- 25.
The Plant uses cutting-edge technology and methods to maximise its ability to manufacture the best battery-grade lithium hydroxide.
5. Inverted Energy
Inverted is a market leader in lithium batteries. The corporation created inverted to aid with the global transition to future mobility and energy storage. It has established itself as one of India’s leading producers of EV batteries.
6. Pastiche Energy Solutions
One of the leading designers, producers, and suppliers of specialised batteries, battery packs, and battery chargers for a variety of applications and energy storage systems is Pastiche Energy Solutions, one of the top EV battery manufacturers in India. The company focuses on lithium’s product development and operations and allied products.
Trontek, one of the top EV battery producers in India, provides lithium-ion batteries for many plug-in hybrid and EV models with a solid track record. They keep improving the reputation of their EV charging stations, ports, and chargers for industrial applications before introducing high-yielding battery solutions with built-in solar cells.
Trontek, which started off as a little trade business in 2014, is now one of the nation’s leading battery manufacturers. The business began dealing in electronic parts for chargers, TVs, radios, and other electronic devices. Trontek began providing batteries for UPSs in 2007. The business started importing batteries for UPS Motorcycles in 2008 and selling them under the TRONTEK brand. Trontek serves markets in the USA and a few regions of Europe.
The beginning of an evolution
Trontek introduced batteries for e-Rickshaws in December 2012 in response to introducing these vehicles on the Indian market. The motto of Trontek is “Build the product around people’s lives.” Its success in the sector has primarily been due to this. The e-Rickshaw Batteries from Trontek were created especially for the driver to provide maximum range per charge and great value. Trontek batteries power more than one lakh e-rickshaws, which continue to grow their market share and provide great after-sales support nationwide.
Lithium-ion Power Rangers
The LIEV (Lithium-ion for Electric vehicle) series batteries were specifically introduced in January 2017 to supply major OEMs in the Indian market and the E-bike, E tricycle, and Electric Car segments.
The cradle of power
A SMF UPS and motorcycle battery production factory, a Li-ion battery assembly unit, and an R&D and Design Center are all located in Rajasthan, India.
Vision: To be a reputable company that provides trustworthy goods and supports the global push for sustainable energy.
Mission: To encourage a new generation of environmentally concerned customers to use clean and renewable energy sources
8. Future Hi-tech Batteries
The goal of Future Hi-workforce, which consists of mentors with decades of experience and a competent team of committed experts, is to meet the need for lithium power storage solutions and to advance renewable energy sources.
Future Hi-Tech is a highly accredited business in the sector in India.
Lithium Batteries, Battery Packs for electric vehicles, and other products are available from Future Hi-Tech in many customizable solutions. The company makes battery packs for solar energy systems, energy storage systems, medical equipment, and other applications.
The lithium solutions can be extended for a range of applications, including portable storage devices, UPS inverters, power banks, handheld searchlights, etc. They are based on several lithium chemistries.
Li-ion batteries are the preferred technology for usage in the renewable energy sector and for portable devices and power equipment due to their combination of high energy and power density.
Lithium-ion batteries are one of the most rapidly developing and promising types of batteries and are used in solar and portable gadgets. Compared to other traditional battery technologies, lithium-ion typically has a higher density. Future Hi-Tech Batteries, which was founded in 1998, was one of the first proponents of these batteries in India.
This voyage wants to build Future Hi-Tech as the country’s first facility to manufacture lithium battery packs. In Mohali, Punjab, it has been managed by eminent technocrats and scientists. After years of intensive R&D and practical experience, they recommenced this trip in 2012. On the commercial front, it picked up speed in 2015. Future Hi-Tech unit was transformed into a top-notch lithium battery manufacturing unit with the addition of financial strength and cutting-edge technologies.
9. Green Fuel Energy
After developing and launching Lithium-Ion Battery Packs with unique technology that was painstakingly developed and engineered in-house, Green Fuel Energy, which is dedicated to green energy, is now propelling the future of e-Mobility in India and the worldwide market.
Greenfuel Energy Solutions (Greenfuel), a component manufacturer based in Gurgaon, is placing a wager on India’s growing appetite for greener automobiles.
Greenfuel was primarily serving the Indian automobile CNG sector when it was founded in 2006. The business asserts that it is the largest supplier of such components and has a market share of 37%. The company’s main customers are OEMs in India who need high-pressure fueling systems for CNG vehicles. It provides filling systems to gas station operators. The business opened its lithium-ion battery manufacturing in October 2018 as part of its diversification strategy.
Gas fuels like LNG, CNG, and hydrogen will continue to be a main component of the Greenfuel portfolio because they are crucial in several Indian market areas. Having said that, we have made an investment of about Rs 21 crore; thus, their priority is to grow the EV segment. EVs are expected to become more important in the coming two to three years, and Greenfuel sees its greatest potential for growth in those markets. According to Ashok Kumar Choudhary, business leader of Greenfuel Energy’s gas fuel division, “We want to see Greenfuel become the go-to brand when it comes to battery packs for EVs.”
The company believes that fleet operators (L5 category high-speed 3-wheelers) and medium-to-high-speed two-wheelers involved in last-mile deliveries and passenger transportation are the key drivers of demand for its battery solutions.
“For the locally created battery packs, we hold four patents. This is distinct from a sizable part of the market that relies on marketing inexpensive, shoddy-assembled products to consumers who are not interested in technology. The nicest thing about our battery packs, according to Choudhary, “is that we provide the finest TCO model in respect to our battery pack designs and provide the customers with an end-to-end solution, actually giving their customers a good return on their investment. The business even asserts that their battery packs have traveled 2 million kilometres on the Indian market.
Esmito provides a wide selection of lithium-ion batteries for electric two-wheelers and three-wheelers. Their intelligent May-enabled BMS can be used in their cutting-edge battery assembly facility to create 48V, 60V, and 72V battery packs.
Esmito provides EV Charging Operators with a dynamic end-to-end EV Charging Management Solution that makes managing and controlling their assets simple. The Central Management System (CMS) is a customisable dashboard-equipped operator portal that acts as a link between customers, drivers, and charging stations.
edited and proofread by nikita sharma