As the global landscape of the automotive segment continues to electrify, the significance of Electric Vehicle (EV) Batteries or specifically lithium-ion batteries has risen exponentially.
With discoveries of lithium reserves in India, the prospects of utilizing EV Batteries in India in 2023 locally are getting brighter as they are used generally in consumer electronics as well as in energy storage systems and electric vehicles.
Following the surging trend of Li-ion battery adoption, the Government of India has also allocated appropriate funds to boost the charging infrastructure in the country.
This has led to the inception of emerging start-ups in energy storage solutions and the entry of international companies into the EV industry.
India has several prominent battery manufacturers that cater to various sectors such as automotive, industrial, renewable energy, and consumer electronics. Here are some Top EV Batteries in India in 2023.
Top 9 EV Battery Companies in India 2023
Naming some of the notable battery manufacturers as well as their Top 9 EV Battery Companies in India in 2023, the list includes,
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Exide Industries
Exide is one of the most recognized battery brands in India, offering a wide range of automotive and industrial batteries.
Coming under the banner of Top 9 EV Batteries in India in 2023, Exide is headquartered in Kolkata, one of India’s largest suppliers of acid-lead batteries and international markets.
Exide Industries has also joined hands with potential battery developers to develop cost-effective yet durable lithium-ion batteries for electric vehicles in domestic and global markets.
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Tata Green Batteries
A subsidiary of Tata Group, Tata Green Batteries handles the manufacturing of automotive batteries, offering batteries for cars, two-wheelers, and commercial vehicles. In addition to the automotive industry, Tata Group has expanded its power generation and steel manufacturing business.
The company has also teamed up with ISRO to build lithium-ion battery-producing plants nationwide.
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Amara Raja Batteries
Leading battery manufacturer in India, Amara Raja Batteries has made its name in automotive and industrial batteries space. Their EV batteries brand, Amaron supplies electric vehicle batteries under OEM relationships to Ford India, Honda, Hyundai, Mahindra & Mahindra and many others. Thus, counted as one of the Top 9 EV Battery Companies in India in 2023.
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HBL Batteries
HBL Power Systems is a leading Indian manufacturer of industrial batteries. They specialize in producing batteries for various sectors such as telecom, railways, power, and defense.
Talking about HBL’s e-mobility domain, its product offerings include, Prismatic cells, Pouch cells and Lithium iron phosphate batteries (LiFePO4 battery). Thus, listed under the Top EV Batteries in India in 2023.
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Grinntech Batteries
An IIT-Madras Research Park incubated start-up, Grinntech offers a wide range of high-tech batteries having unique designs customized to Indian conditions along with its IoT-enabled BMS to power two-wheeler and three-wheelers as well as light vehicles, hence making its place as one of the Top 9 EV Battery Companies in India in 2023.
With new funding on the horizon, Grinntech had also unveiled new Finch and Monal series of batteries to develop a larger pack with advanced thermal management.
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AMCO Batteries
AMCO Batteries is an established Indian battery manufacturer, primarily focusing on automotive batteries. They have a wide distribution network across the country.
Known as a trendsetter in the automotive battery segment, AMCO had also launched two-wheeler batteries in India and was one of the first companies to introduce two-wheeler polypropylene batteries in the year of 1984-85.
Therefore, named in the list of the Top 9 EV Battery Companies in India in 2023.
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Coslight India Telecom Pvt. Ltd.
Coslight India Telecom Pvt. Ltd. can be considered a leading Battery manufacturer in India as it provides a wide range of batteries for electric vehicles. This company’s EV batteries are particularly famous for their high energy density, fast charging, and long life. Hence, named under Top 9 EV Battery Companies in India in 2023.
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Waaree ESS LION Series
Named under the list of offering Top 9 EV Battery Companies in India in 2023, Waaree Energy Storage System (WESS) can be said as India’s largest vertically integrated solar power firm as well as a prominent EV battery brand. Developing one of the best solar batteries in India, especially for EVs, grid or power plant backup, and other applications, the company manufactures its new li-ion battery in its production factory.
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LivGuard Batteries
As a fast-growing Indian brand, LivGuard manufactures batteries for automotive and inverter applications. They offer a range of products known for their performance and reliability.
Their major offerings are majorly focused on three-wheelers with its e-Shakti series for e-rickshaws and tempos. Therefore, coming under the list of Top 9 EV Battery Comapanies in India in 2023.
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