We all know that climate change is gradually becoming a top priority for our civilization. Not only does the problem regularly affect our livelihoods, it is also a threat to future generations. It is our responsibility to preserve the environment as much as we can. This is where business branches come in. Since we all have a role to play, there are businesses that can go a long way in helping to solve the problem.
Since vehicles are a major contributor to pollution, it makes sense that there is some innovation in this department. And thus, it was here that the invention of electric cars ushered in a new era. Their popularity is only growing because electric cars do not emit harmful gases into the environment and do not harm it, as non-electric vehicles do. In fact, it has been said that by 2025, their consumption will be triple what it is now.
Work on an electric car
In case it’s not obvious, electric cars don’t require any fuel. They run on batteries that need to be charged as needed. Such vehicles can be seen as a great way to prevent environmental pollution. They can also be considered as other battery powered devices such as mobile phones, laptops etc.
The technology is definitely ready and you can already see many electric cars on the roads. However, there are many more innovations coming out every day, which can only mean more improvement in this area. And the more the improvement only for the improvement of any country and the world, except the environment.
Batteries for electric vehicles
Now that the demand for electric cars is constantly increasing, so is the demand for their parts. And the part that is more in demand than others is the batteries. Yes, electric vehicle batteries are the most important component that makes up the entire vehicle. If you don’t know, electric vehicle batteries contain lithium-ion batteries that help power the vehicle. They may have first appeared in the 90s, but they have gained such popularity that they are an option for any electric car.
Thus, along with the demand for the product, many businesses came to light. By 2030, their constant demand is expected to grow even more, 17 times. There may be thousands of electric car battery manufacturers in the world. Here are the best in India.
Advantages of lithium batteries
As the most commonly used batteries, lithium batteries certainly have their advantages, such as:
Only environmental friendliness makes lithium batteries so popular. They are very good for the environment and can be recycled. For people who care about the environment, it provides an opportunity to use our planet’s resources more consciously.
It is a known fact that older batteries used to require much more maintenance. This ensures the efficiency of lithium batteries, as they are among the lowest maintenance batteries.
In addition to their compactness, lithium batteries are also known for their lightness. In this case, they are a much more advanced solution than lead-acid batteries and other similar options.
Being a highly reactive element, lithium is known for its ability to regenerate and release a high energy density that cannot be found in other analogues. It’s definitely more punch in a smaller package.
The presence of chemicals and their reactions cause the battery to lose its ability to be used even when it is not in use. This phenomenon in lithium batteries does not affect them at the same rate as it does in other batteries.
These batteries do not take up much space, hence their popularity. It is their compactness that allows them to be used in many electric vehicles around the world.
Electric Vehicle (EV) Battery Manufacturers in India
Everyone has heard of the Tata Group. Being a supporter of the environmental community, it makes sense for this world-renowned company to get into the electric vehicle business, especially electric vehicle batteries. Tata Group’s research and development department has allowed it to come up with some important developments that will allow India to completely assemble an electric car on its own. Various subsidiaries of the Tata Group enable this.
Tata Motors was also one of the first in the industry to launch hybrid vehicles. The next onestep is to install charging stations across the country so that electric vehicles can run smoothly and without problems. Soon they will start producing lithium-ion batteries.
As the second largest automotive battery manufacturer in India, Amara Raja Batteries is taking big steps into the future. The company has invested around ₹ 200 million in its lithium-ion product development center located at the company’s facility in Tirupati in Andhra Pradesh.
Although Amara Raja has not yet fully developed into a full-fledged lithium cell company, it is taking the necessary steps to develop the technology organically. The company is supported by ISRO, which will help 10 such companies in technology transfer. They will be assisted to provide their employees with all the necessary training along with the necessary lithium production units.
As far as two-wheelers are concerned, it is no surprise that Hero Motocorp has also ventured into manufacturing batteries for electric vehicles. Their green technology initiative starts with investments in other companies like Ather Energy. The company’s clean energy venture doesn’t end there. It has been reported that the company has invested in a brand new factory for the production of E-cars. In addition to the production of electric vehicles, the company will soon also enter the production of electric vehicle parts, producing the most important component, lithium-ion batteries. Patents and other formalities for business and related projects have already been completed.
Exide Industries is known for its battery manufacturing business in India as well as manufacturing of related products. Being a leader in its respective industry, the company leads the market in various categories such as automotive, industrial and underwater industries.
Exide plans to invest around ₹ 60 billion to set up a lithium-ion cell manufacturing plant in India. This will be done in cooperation with China’s SVOLT Energy Technology. The facility will be constructed in two phases in the city of Bangalore with an investment of around ₹25 billion.
As a well-known automobile company with Japanese roots, Maruti Suzuki has made a name for itself in India. The leading automotive company has also made further strides in the lithium-ion battery industry.
The company is said to have a joint venture with Denso and Toshiba. As Maruti Suzuki uses the innovative Smart Hybrid technology, it is safe to say that this technology will only help improve driving performance and user experience. In addition, the technology will also focus on fuel efficiency.
Maruti Suzuki is known to be among the top five companies in India for its efforts and steps towards a green economy. The company is also currently working on technology that will allow the engine to be suspended when it is idle.
Future Hi-tech Batteries, known as one of the few successful companies in the field of clean energy, offers advanced solutions. Battery systems and complex energy solutions will only bring many applications in solar energy storage, automotive, medical devices and telecommunications.
Battery systems are well equipped and efficient enough to give way to advanced lithium technology.
- Manikaran Power Limited (MPL)
Manikaran Power Limited, or MPL, has received the green light to enter the electric vehicle ecosystem from our very own honorable Prime Minister. Starting with the establishment of a lithium refinery in India, the project is on track to be commissioned by 2024-2025.
With a whopping $300 million investment, the plant will incorporate innovative technologies along with processes that will only lead to improved environmental technology. The company’s business will focus on the production of high-quality lithium hydroxide for batteries.
The company also plans a high-quality spodumene concentrate that will be shipped worldwide. There will also be locally sourced reagents required for lithium hydroxide production in India. MPL has already made a name for itself as one of India’s leading EV battery manufacturers.
Learn more – Business loan for electric vehicle charging station
Frequently Asked Questions of Electric Vehicle (EV) Battery Manufacturers in India:
1. Do electric cars affect climate change?
yes. electric cars do make an impact on climate change by emitting no more harmful gases than other vehicles. This is the very reason they were invested in the first place.
2. Is there a need for any fuel for electric vehicles?
No, electric cars do not need fuel to run. However, they need to be charged from time to time to work.
3. What type of battery is most commonly used in electric vehicles?
Lithium-ion batteries are the most common type of battery used in electric vehicles.
4. Is the battery market for electric vehicles profitable?
Yes, the battery market for electric vehicles is definitely profitable because the demand for electric vehicles is constantly increasing.
5. Will India adapt to new electric vehicle technology?
Yes, India is definitely adapting to electric cars seeing that the demand for them is increasing day by day.
6. How many batteries are used in an electric car?
An electric car uses 2 batteries. They both have their specific functions.
7. How to find out when batteries in electric vehicles are discharged to full capacity?
Like cell phones, electric cars also alert their owners when the battery is running low so they can be charged.
8. Do electric cars require maintenance?
Just like any other vehicle that is used frequently, electric vehicles also require occasional maintenance to keep them running smoothly.
9. Can lithium-ion batteries be recycled?
Yes, most components of lithium-ion batteries can be recycled. It also reduces raw material extraction.
10. What other types of batteries are used in electric vehicles?
In addition to lithium-ion, there are different types of batteries used in electric vehicles: solid-state batteries; Nickel-metal hydride batteries, lead-acid batteries and ultracapacitors.
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