Top 7 Electric Vehicle Battery Manufacturers, Suppliers & Exporters In India
An electric vehicle or an electric car is a system that runs on electric motors for propulsion. These cars are generally powered by a collector system, and these are run using the electricity obtained from extra-vehicular sources, or they can run by energy powered by a battery that can be charged and recharged using various sources of energy by converting fuel to electricity or by energy from solar panels, or by using the well-known fuel cells and a generator.
Functions of electric vehicles
Electric vehicles can run on roads and railway tracks, underwater and surface marine systems, electric spacecraft, and aircraft. The main heart of electric vehicles is batteries. In India, electric vehicles generally run on batteries, and hence there are many EV Battery Manufacturers in the market now both nationally and internationally. The very 1stelectric vehicle came into being in the middle of the 19th century. During this time, the propulsion of motor vehicles was most preferred using electricity for easy operation and also a high level of comfort that could not be obtained when using gasoline cars. Later on, the IC engines became dominant in many cars and trucks however, the electrically powered ones persist in many types of vehicles which include trains and many smaller vehicles.
Increased demand for fossil fuels
In the modern world, the use of IC engines and vehicles has increased the demand for fossil fuels and this has put pressure not only on fossil fuels but has also increased the amount of greenhouse gas concentration in the atmosphere. With this, there is an urgent need to shift to electric-powered vehicles which are more environmentally friendly and also reduce the use of the existing fossil fuels. With this India has also a lot of interest in electric vehicles, thereby a lot of EV companies in India have come up, and also EV batteries. As said earlier that batteries are the main components of an EV, and other components are valuable too. The other components include the lights, handles, tires, sensors, chases, suspensions, brake leaver, forks, display panels, accelerator, wheels, and so on so forth. They are also important but the main focussed is given to the batteries as developing sustainable and affordable energy storage systems is still ongoing research. To fix the core parts of an EV a skilled and trained employee or engineer is needed to fix a problem or issue.
As far as we know India is still importing Lithium-ion batteries from other parts of the world for their Indian cars like Japan and China. So, in the next section, we will find out what is the status of India’s leading battery-makers and how are things tackled to bring about the change in producing EV batteries. To know this article has listed some of the top 7 battery manufacturers in India as well as those who supply to India for their EVs. Although, most of them still face challenges here most have started a joint venture in developing EV batteries for electric cars.
Here are the top 7 Electric Vehicle Battery Manufacturers in India and suppliers to India.
In this article, we intend to list out leading Electric Vehicle (EV) Batteries manufacturers in India as well as those who supply to India:
1. Exide Industries
Exide Industries is one of the most famous companies in India that deal with the manufacturing and supply of electric vehicle batteries. It stands on top among other companies in all types of categories like industrial, automotive, and submarine sectors. Exide Industries is headquartered in Kolkata and it is the fourth largest supplier of acid-lead batteries on the entire globe and number one in India. Though this company is still facing a lot of challenges when it comes to the manufacturing of lithium-ion batteries for electric vehicles, however, this company has started joint ventures with many potential battery developers to reach the goal of producing lithium-ion batteries which are efficient and affordable in their own country.
2. Maruti Suzuki
When it comes to products that come from a Japanese company, customers can be assured to receive high-quality products and Maruti Suzuki is a subsidiary of Suzuki, a Japanese automotive supplier, and manufacturer. Maruti Suzuki is so trusted among Indian customers that the name is engraved in their minds. Just like any thriving automotive company, Suzuki is looking into manufacturing and producing electric vehicles and consequently into the technology of energy storage batteries for said vehicles. Suzuki is teaming up with Toshiba and Denso, two highly renowned companies in the world to tackle the obstacles of producing efficient EVs.
3. Tata Group – Tata Power/Tata Chemicals
Tata Group is no stranger to the automotive sector having its brand of cars known as Tata motors. Other than automobiles, Tata is involved in numerous industries but its core sector of business is electricity generation, transmission, and distribution. The subsidiaries of the Tata group are Tata Motors, Tata Chemicals, Tata Power, Tata Steel, Tata Communications, Tata Digital, etc. These subsidiary companies of Tata Group make the company almost self-sufficient to run tests and come up with the optimal solution for electric vehicles. Like Amara Raja Batteries, Tata Group has also allied with ISRO to help the company in establishing manufacturing plants for lithium-ion batteries.
4. Amara Raja Batteries
This company is the second-largest manufacturer and supplier of electric vehicle batteries. Amara Raja Batteries is mainly known for Amaron, the company’s automotive battery product. In addition to batteries, the company is also involved in the packaged foods, beverages, and infrastructure sectors. Amara Raja Batteries is so reputed that ISRO has agreed to the company to train the staff and employees of the latter to manufacture lithium-ion batteries paving a promising future for electric vehicles.
5. Wanxiang
Wanxiang Group Corporation is one of the leading manufacturers of electric vehicle batteries in the world. Headquartered in Hangzhou, China, the company is a conglomerate of multiple companies around the globe. The company is involved in multiple energy-based sectors like solar energy systems, electro-mobile systems, batteries, and automotive parts. The company has several automotive companies as business allies like FORD, BENZ, Volkswagen, BMW, Mazda, Toyota, Hyundai, etc.
6. Hero MotoCorp
Previously known as Hero Honda, Hero MotoCorp is the number one manufacturer of two-wheeled vehicles in India. Hero has established itself as the most memorable brand when it comes to motorbikes and now that the company has accomplished this, it has decided to venture into the electric vehicle sector. Through several other businesses, namely Ather Energy, the company has already made significant investments in the green technology sector. To produce electric vehicles, they have also invested in a brand-new facility in Tamil Nadu. The company also intends to get into the lithium-ion battery market and has already applied for several pending patents for its manufacturing processes and product designs.
7. Lithium Energy Japan (LEJ)
Founded in 2007, Lithium Energy Japan is an amalgamation of three companies and these are Mitsubishi Motors, Mitsubishi Corporation, and GS Yuasa International Ltd. The company deals with the manufacturing and supply of large-size lithium-ion batteries. With the international goal of achieving a sustainable energy environment, Japan declared to strive for carbon neutrality by the year 2050 through net-zero emissions of carbon dioxide. This company supplies the needed electric vehicle batteries to run the Indian electric cars that are commercially manufactured. As India has not been able to produce its own efficient and affordable lithium-ion battery, therefore dependence on the supply of this company for batteries is practiced. This is therefore one of the companies that are continuing to provide EV batteries and EV components to many electric car companies in India as well as around the globe. The development of electric cars in India has therefore played a vital role in minimizing the pressure on fossil fuels and reducing the concentration of greenhouse gases in the atmosphere.
Conclusion:
This list can be helpful to readers who are interested in EV battery manufacturers and also get brief information about each company.
FAQs: Electric Vehicle Battery
Q. Who is the biggest battery manufacturer in India?
Ans. Exide Industry is one of the biggest manufacturers of Electric vehicle batteries in India. It is also known to be the largest in terms of production and selling both at the national and international levels. In India, it is the largest battery company as it produces various types of batteries apart from the electric vehicle ones. This company supplies all the required batteries for electric cars in India.
Q. What is the most commonly used electric vehicle battery?
Ans. The most commonly used is the Lithium-ion (Li-ion) battery which is one of the rechargeable batteries mostly used in electric cars and many other portable electronic devices. These batteries are known to possess high energy density than other rechargeable batteries.
Q. Who provides Tesla batteries for their Electric Vehicles?
Ans. Batteries for all the Electric Vehicles Tesla are provided by CATL, Contemporary Amperex Technology Co. Limited which is the main supplier and it has remained on top for many years globally. Batteries are known to be the heart of all Electric cars.