These batteries are designed for optimum efficiency, providing excessive mileage, low electrical energy consumption, and minimal upkeep. With a capability starting from 130 to 140 Ah, Rick Energy+ batteries are perfect for the day by day calls for of city and peri-urban transportation, with deep-cycle designs that permit frequent charging and discharging with no important discount in efficiency.
In a strategic transfer, Luminous partnered with Matter Power final yr to develop swappable batteries for electrical bikes, which even have residential and stationary functions.
These batteries function IoT capabilities, enabling distant charging and monitoring. Designed for dual-purpose use, these lithium-ion batteries can perform as a house inverter, providing a sensible vitality answer for mobility and home vitality storage.
6- Okaya Energy Group
Headquarter: New Delhi
Okaya is the flagship model of Okaya Energy Group for the manufacturing of batteries. It has 29 years of excellence within the manufacturing of batteries. Okaya Energy Group has a turnover of over 7 billion INR. It’s main in 17 nations and has employed greater than 1,500 staff.
Okaya manufactures Tubular battery- Inverter Battery and Photo voltaic Battery, E-Rickshaw Battery, Li-ion, and EV charging options. It has battery manufacturing crops in Himachal Pradesh.
It manufactures NMC/LFP-based Li-ion batteries for 2W, battery swapping, E-Rickshaw, and photo voltaic functions. The batteries are manufactured in eco-friendly, ISO-certified, and automatic crops.
Its Li-ion battery offers greater than 2000 cycle life, helps quick charging, and CAN communication protocol. Okaya additionally manufactures a battery administration system (BMS) for its battery pack.
Okaya’s lithium-ion batteries and EV chargers are geared up with an clever Battery Administration System (BMS), providing complete security options to safeguard each the battery and the automobile.
With its superior vary of lithium-ion batteries, Okaya has already deployed over 500 EV charging stations and supplied 250 MWh of Battery Power Storage Options (BESS) throughout India prior to now six months.
Current Information in regards to the Firm
Okaya gained a contract at Bharat Heavy Electricals (BHEL) for a 410 kWh Li-ion battery vitality storage system.Okaya Energy gained a World Financial institution contract for putting in 1020 EV charging stations throughout the nation.Okaya Energy Pvt Ltd has introduced that it has achieved one more international distinction. One among its group corporations ‘Sunnoxx Worldwide’ has been bestowed with IATF and TUF certificates by TUV SUD Administration Service GmbH, Germany for the design and manufacturing of world-class lithium batteries.
7- HBL Energy Methods Ltd
Headquarter: Hyderabad
HBL is a listed Indian firm and has been in enterprise since 1977. HBL is concerned within the manufacturing of batteries together with its Development (infrastructure), Defence, Energy utilities, and Railway manufacturing items.
HBL Energy’s consolidated web gross sales are Rs 520.11 crore, which is an 11.27% enhance year-on-year (Y-o-Y). HBL Energy’s income has grown at a CAGR of two.0%.
HBL manufactures NMC and LFP (pouch, prismatic, and cylindrical sort) Li-ion batteries for vitality storage techniques which might act as ‘electrical fuel stations’ for quick charging and to cut back the height on the grid. Its NMC may give greater than 1,500-cycle life.
HBL additionally manufactures a battery administration system (BMS) for Li-ion batteries. HBL’s BMS options permit a max of 256 cells in collection with stacking, energetic & passive balancing choices, an operational vary between -40°C to +105°C, thermal administration, knowledge logging, and auto-off situation.
HBL additionally manufactures (or offers applied sciences) electrical drivetrain, inverter, and motors. HBL BMS finds functions in Telecom, Power Storage, Medical Tools, UPS & Information Facilities, Marine, Electrical Autos, Defence, and forklifts. HBL can also be current in Germany, USA, and Canada.
Current Information in regards to the Firm
HBL received an order of Rs 85 crores to produce submarine batteries from the Indian navy.
8- Panasonic India
Panasonic Power, established in April 2022, has a historical past that traces again to the event of battery applied sciences for varied functions.
The corporate’s long-standing experience in battery manufacturing started in 1923 when the founder developed a battery-powered shell lamp. Through the years, Panasonic has expanded its capabilities, specializing in automotive lithium-ion batteries and different storage options.
Lately, Panasonic introduced the formation of a three way partnership with the Indian Oil Company (IOCL) in March 2024.
This initiative goals to fabricate cylindrical lithium-ion batteries, concentrating on the increasing marketplace for two- and three-wheel automobiles in addition to vitality storage techniques in India.
Cylindrical lithium-ion batteries are generally utilized in shopper electronics, energy instruments, and electrical automobiles. Panasonic Power is a maker of automotive lithium-ion batteries.
9- Ola Electrical
Headquarter: Bengaluru
Ola is one among India’s largest electrical vehicle manufacturing corporations. Ola Electrical scooters are some of the bought electrical two-wheelers in India. The corporate not too long ago made its entry into the Electrical Motorbike market with the launch of the Ola Roadster Collection. Roadster Bikes promise the very best efficiency and greatest options at inexpensive pricing. The corporate may quickly launch its first electrical automotive, most likely by subsequent yr.
In an additional enhance to India’s EV ambitions, Ola Electrical Chairman and CEO Bhavish Aggarwal unveiled the “Bharat” battery cell, an indigenous 4680 cell developed by Ola Electrical. Ola Electrical not too long ago obtained certification from the Bureau of Indian Requirements (BIS) for the battery cells.
The cell is now in trial manufacturing at Ola’s Gigafactory and is anticipated to be operational by 2025.
This cell options superior know-how, providing 5 instances extra vitality (275 Wh/kg) in comparison with the broadly used 2170 form-factor cells in automotive functions.
It operates effectively throughout a broader temperature vary (10-70°C), boasts an prolonged lifespan with over 1,000 cost cycles, and helps fast charging with a 50% cost in simply 13 minutes.
In its first quarterly outcomes since IPO itemizing, Ola Electrical reported a exceptional 34.32 % enhance in income, reaching Rs 1,718 crore for the quarter ending June 30, 2024, in comparison with Rs 1,279 crore in the identical interval final yr.
Ola Gigafactory
Ola’s Gigafactory is positioned in Krishnagiri, Tamil Nadu.
This gigafactory is the primary of its type for Li-ion cell manufacturing in India, with an preliminary capability of 5 gigawatt hours (GWh). Will probably be additional scaled up in phases to 100 GWh at full capability.
The corporate not too long ago introduced that it plans to take a position $100 million (about Rs 834 crore) within the first part of constructing its gigafactory for producing lithium-ion battery cells.
The funding might be used for ‘part 1A’ of the Gigafactory for organising 1.5 GWh (gigawatt hour) of cell manufacturing capability. Ola Electrical says that its customers can count on its indigenously developed battery cells in its electrical automobiles by the subsequent yr.
10- Log9 Supplies
Headquarter: Bengaluru
Log9 is a startup from IIT Roorkee, established within the yr 2015. Log9 focuses on analysis and growth and has been awarded “Most Revolutionary Know-how Firm of 2018” by the Division of Science and Know-how (India), Authorities of India.
The corporate has established India’s first lithium-ion cell manufacturing facility with a 50MWh capability, making a self-reliant ecosystem for superior vitality storage. Log9 Supplies recorded a income of Rs 74.43 crore in FY23, a substantial hike as in comparison with FY22’s Rs 25.51 crore.
The corporate claims its RapidX collection of batteries are the most secure EV batteries within the nation, designed to effectively energy electrical automobiles in all Indian and different tropical circumstances. Constructed utilizing patented high-power cell know-how, RapidX batteries are extraordinarily sturdy, with the flexibility to last more than standard batteries with out shedding their effectivity.
The Nexmile 4500, newly designed by Log9 for business electrical automobiles, is revolutionizing the EV battery market with its modern know-how. Providing a formidable real-world vary of over 120 km per cost, it eases vary anxiousness and permits longer worry-free journeys.
Its superior Battery Administration System (BMS) with real-time monitoring enhances battery well being and efficiency, whereas fast charging capabilities guarantee it prices 3 times sooner than some other battery in its class.
With a 5-year prolonged guarantee, the biggest battery capability for 2-wheelers, and long-term financing choices, the Nexmile 4500 units a brand new benchmark for business EV batteries.
Maxval can also be the most recent and essentially the most superior battery know-how developed indigenously, that’s strong sufficient to deal with all kinds of functions starting from 1kWhr to 5MWhr capacities.
Log9’s ZappUp collection batteries are for functions like Microgrids, UPS, knowledge facilities, Telecoms, Grid-level vitality storages, and industrial functions like Forklifts and robotics.
9 within the identify of Log9 means providing batteries that may be charged 9x sooner, final 9x longer, and provide 9x greater efficiency and security. It additionally manufactures a battery administration system which is named Charvik by the corporate.
Current Actions:
Log9 Supplies has launched its first Li-ion battery manufacturing plant at Jakkur, Bengaluru. The plant has an preliminary manufacturing capability of fifty MWh yearly and Lithium Ferro Phosphate (LFP) and Lithium Titanate Oxide (LTO) cells might be manufactured at this plant.Log9 Supplies has an funding of $40 M (Rs 325 Crore) from Amara Raja, Incred Monetary Companies, Unity Small Finance Financial institution, Oxyzo Monetary Companies, and Western Capital Advisors. This funding will allow the corporate to realize manufacturing capabilities to a 2 GWH capability by the top of 2024.