In 2024, the ten main lithium-ion battery firms in India are as follows:
- Battrixx
It’s a division of Kabra Extrusiontechnik Ltd. The latter is without doubt one of the two constituent firms of the Kolsite Group. The opposite firm is Plastiblends India Ltd.
It was based in 2009. It’s primarily based out of Andheri (West), Mumbai, Maharashtra.
It has established a state-of-the-art plant for design, improvement and manufacturing at Chakan, Pune.
It focuses on creating future applied sciences, corresponding to inexperienced vitality techniques and options. Its merchandise present batteries to electrical automobiles and inexperienced vitality storage system.
Its flagship merchandise are lithium-ion battery packs and modules for e-vehicles.
It manufactures lithium ion batteries for software in a variety of home equipment within the e-mobility sector. Its lithium-ion batteries discover software in electrical bikes, two-wheel electrical automobiles, three-wheel electrical automobiles, electrical vehicles, electrical passenger automobiles, mild business electrical automobiles, and electrical tractors.
Moreover, it additionally manufactures lithium ion batteries for software in electrical forklift, electrical golf cart, and units used within the marine setting.
- Modern Amperex Know-how Co. Ltd. (CATL)
It’s a Chinese language lithium-ion battery manufacturing firm. It was based in 2011. It’s primarily based out of town of Ningde, which is located within the Fujian province of China.
This firm began as a spin-off of Amperex Know-how Restricted (ATL), which was based in 1999.
It specialises within the manufacturing of lithium-ion batteries for electrical automobiles, vitality storage techniques, and battery administration techniques.
As per the info accessible from 2023, it’s the world’s largest lithium-ion battery producer for electrical automobiles. Its international market share was round 37%.
It has established 13 manufacturing vegetation and 6 analysis and improvement centres the world over. Nonetheless, it doesn’t have any manufacturing plant in India. It’s merely a provider of lithium-ion batteries in India.
- Exicom Tele-Techniques Restricted
It was based in 1994. Its head-office is in Gurugram, Haryana.
It gives state-of-the-art lithium-ion cells for EV chargers, battery techniques, and industrial energy techniques.
It exports lithium-ion cells to fifteen nations on this planet.
Its specialisation is within the manufacturing of lithium-ion cells for the telecom business.
- Grinntech Motors & Providers Pvt. Ltd.
It was based by two entrepreneurs, Mr. Puneet Jain and Mr. Nikhilesh Mishra. It’s primarily based out of Chennai, Tamil Nadu.
It has established a state-of-the-art lab for creating new superior lithium-ion cells. It places into software knowledge pushed superior algorithms.
It specialises in creating high-quality and reasonably priced vitality storage options. It’s vociferously working in direction of fulfilling the goal of electrification of all mobility automobiles.
It manufactures lithium-ion cells for electrical cycles, robots, 2-wheeler vehicles, 3-wheeler vehicles, small business automobiles, mild business automobiles, heavy business automobiles, and so forth.
- Panasonic Life Options India Pvt. Ltd.
It was established on 14 July, 2006, as Panasonic India Non-public Restricted. With impact from 1 August, 2022, it modified its nomenclature to Panasonic Life Options India Non-public Restricted. It was performed to convey all companies of the Panasonic Group in India below one roof.
It’s the Indian subsidiary firm of the Panasonic Group, which is predicated out of Kadoma, Osaka, Japan.
Its head-office is in Gurugram, Haryana.
It specialises within the manufacturing of lithium-ion cells to be used within the automotive business.
It has fashioned a three way partnership with the Indian Oil Company Ltd. (IOCL) to fabricate cylindrical lithium-ion batteries. Such batteries are utilized in electrical automobiles, energy instruments, and client electronics.
- Gotion Inc.
It’s a multi-national lithium ion battery manufacturing firm. It goals to create the subsequent technology of battery applied sciences for all new vitality automotive.
It’s a conglomeration of many battery creating expertise firms. Its largest stakeholder is the German automaker Volkswagen.
Its head-office is in Fremont, California, United States of America.
It has six manufacturing vegetation unfold throughout 5 nations of the world- particularly, the USA, Germany, Japan, China, and Singapore.
It has established its R&D centre in Hefei, China. It researches new expertise for the manufacturing of lithium ion batteries.
It doesn’t manufacture any lithium ion batteries in India. It merely provides lithium ion batteries in India.
In June, 2024, Indian lithium ion battery producer, Amara Raja Vitality and Mobility Ltd., signed a licensing settlement with Gotion Inc., for the indigenous manufacturing of lithium-ion batteries utilizing iron phosphate as a uncooked materials.
- LG Vitality Answer Ltd.
LG Vitality Answer Ltd. is the successor firm of LG Chem Vitality Answer Enterprise Division. The latter was established in 1992. It was purposeful until 2020. It had begun analysis on lithium-ion batteries in 1992.
In 2020, LG Chem authorized the split-off of its battery enterprise. Resultantly, after the cut up, LG Vitality Answer Ltd. was established. It’s primarily based out of Seoul, South Korea.
It manufactures lithium-ion batteries for software throughout all dimensions, spanning throughout land, sea, air, and house.
It manufactures lithium-ion batteries for 3 segments- superior automotive battery, mobility and IT battery, and ESS battery enterprises.
It’s the first provider of lithium-ion batteries for battery-powered spacesuits manufactured to be used by the Nationwide Aeronautics and House Administration (NASA).
Moreover, it’s the provider of lithium-ion batteries for the world’s first eco-friendly hybrid ship made by a Norwegian shipbuilding firm. Additionally, it provides lithium-ion batteries for drones.
In 2020, LG Chem and Normal Motors entered into collaboration and established Ultium Cells, a three way partnership for the manufacturing of lithium-ion batteries for electrical automobiles.
- Samsung SDI India Pvt. Ltd.
It’s the Indian subsidiary firm of Samsung SDI Co., Ltd. Its mother or father agency is headquartered in Yongin, Gyeonggi-do, South Korea. It’s a battery and digital supplies manufacturing firm.
It has a producing plant in Noida, Uttar Pradesh. Moreover, it has a gross sales community workplace in Bengaluru, Karnataka.
It manufactures lithium-ion cells in all sizes, starting from small, mid to large-sized cells.
They’re utilized in a variety of functions. As an example, electrical automobiles, vitality storage techniques, energy units, IT units, micro mobility functions corresponding to electrical bikes, electrical scooters, electrical bikes, and robots.
- Toshiba India Pvt. Ltd.
It’s the Indian subsidiary firm of the Toshiba Group. It’s headquartered in Gurugram, Haryana.
In 2018, Suzuki, Toshiba and Denso based a three way partnership firm, TDS Lithium-Ion Battery Gujarat Non-public Restricted (TDSG), for the manufacturing of automotive lithium-ion-battery packs in India.
In 2023, the battery division of Toshiba India Pvt. Ltd. signed an settlement with EVage. The latter is a key provider for electrical business vans. As per the settlement, it would provide SCiBTM lithium-ion batteries. They’d be used for a variety of functions. As an example, electrical automobiles corresponding to electrical buses, electrical vehicles, industrial functions corresponding to energy vegetation, elevators, infrastructure functions corresponding to in container cranes, and knowledge centres.
- Okaya EV Non-public Restricted
It’s a subsidiary firm of the Okaya Energy group. It specialises in producing lithium-ion batteries for electrical automobiles, charging, and battery swapping options.
It produced India’s first lithium-ion battery. It gave it the identify Okaya Royale. It’s produced in two variants. First, Okaya Royale. And second, Okaya Royale XL.
Its manufacturing course of is licensed as per the ISO 14001:2004 certification.
It’s the third-largest battery producer in India. Moreover, it’s the main charging station producer in India.
The lithium-ion batteries produced by Okaya EV Non-public Restricted have the next particular options:
First, much less weight and compact dimension.
Second, it recharges at a really quick charge.
Third, it has an extended life-span.
Fourth, it gives an extended again up.
Fifth, it’s virtually maintenance-free. Therefore, it’s extremely sturdy.
It specialises within the manufacturing of batteries for electrical automobiles.