Powering the lives of millions of people every day, Lithium-ion (Li-Ion) batteries and their components have witnessed a huge surge in popularity since the introduction of electric vehicles.
In recent years, India has seen a spike in the market of Li-Ion Components Manufacturers, focusing on key components like anodes, cathodes, and electrolytes. These Li-Ion Battery Components are crucial in determining the performance, efficiency, and longevity of Li-Ion batteries.
Let’s delve into the details of the Top Li-Ion Battery Components Manufacturers in India that specialize in these components as of 2023.
Top Lithium-Ion Battery Components Manufacturers 2023
Hindustan Zinc Limited
A leader in the production of zinc, Hindustan Zinc has ventured into the manufacturing of anode materials, particularly lithium zincate, which is used in Li-Ion batteries. Their expertise in zinc production gives them a unique advantage in producing high-quality anode materials. Hence, placed in the list of Top Li-Ion Battery Components Manufacturers in India.
Reliance New Energy Solar Limited
As a subsidiary of Reliance Industries, this company is involved in developing advanced cathode materials. Their research is geared towards improving the energy density and reducing the cost of Li-Ion batteries, thus securing its name in the list of Top Li-Ion Battery Components Manufacturers in India.
Aditya Birla Chemicals
Another name in the list of Top Li-Ion Battery Components Manufacturers in India, Aditya Birla Chemicals has focused on producing electrolyte solutions for Li-Ion batteries. Their products are known for their high purity and performance, catering to both domestic and international markets.
Amara Raja Batteries Limited
Traditionally known for automotive batteries, Amara Raja has expanded into the Li-Ion batteries sector, specializing in the manufacturing of electrolytes and separator components, hence making its way into the list of Top Li-Ion Battery Components Manufacturers in India. Their investment in this area signifies their commitment to the evolving energy storage market.
JSW Energy
JSW Energy has ventured into the production of cathode materials, focusing on nickel-manganese-cobalt (NMC) and lithium iron phosphate (LFP) cathodes. Their entry into this segment aligns with their broader vision of supporting renewable energy and electric mobility and making them one of the Top Li-Ion Battery Components Manufacturers in India.
Lohum Cleantech Private Limited
Known as one of the Top Li-Ion Battery Components Manufacturers in India, Lohum focuses on the recycling of Li-Ion batteries and the manufacturing of battery components, including cathodes and anodes. Their business model is unique as it revolves around the principles of sustainability and circular economy.
Tata AutoComp GY Batteries Pvt. Ltd.
A joint venture between Tata AutoComp Systems and GS Yuasa International, this company specializes in the manufacture of various battery components, including electrolytes. They leverage global expertise and local market understanding to produce high-standard components.
Bharat Heavy Electricals Limited (BHEL)
Securing its way into the list of Top Li-Ion Battery Components Manufacturers in India, BHEL is a well-established public sector enterprise that has ventured into the Li-Ion battery manufacturing space. The organization is currently focusing on the development of key components like anodes and cathodes. Their entry into this sector is backed by extensive experience in heavy electrical equipment manufacturing, promising high-quality and reliable products.
Basf India Limited
BASF, a leading chemical company, has recently made strides in producing cathode materials for lithium-ion batteries in India, thus placed in the list of Top Li-Ion Battery Components Manufacturers in India. Their focus is on developing high-performance cathode materials that can significantly improve battery efficiency and lifespan.
Panasonic Energy India Co. Ltd.
As a subsidiary of the global giant Panasonic, this company has also been involved in the manufacturing of battery components in India. They produce a range of components, including cathodes and anodes, leveraging Panasonic’s extensive experience in battery technology.
Suzuki Motor Corporation (In Partnership with Toshiba and Denso)
Another Japanese tech giant, Suzuki, in collaboration with Toshiba and Denso, has recently set up a plant in Gujarat for manufacturing lithium-ion batteries, with a focus on producing cathode and anode materials. This collaboration brings together Suzuki’s automotive prowess with Toshiba’s and Denso’s technological expertise, aiming to cater to the growing demand for electric vehicles in India and abroad.