Most electric vehicles use lithium-ion batteries and it is the heart of an electric vehicle.
Here are top 5 Indian EV Battery Manufacturers trying to dominate the 180 Billion market
Exide Industries
Exide is the largest lead-battery manufacturer in India and has tied up with a world-leading provider of high-quality energy storage solutions to manufacture Lithium-Ion batteries to cater to India’s rapidly growing EV market.
Amara Raja Batteries
Amara Raja is the second largest company in the lead-battery space in India. The company has set up a technology centre to develop lithium-ion batteries at its Tripura facility
Kabra Extrusion Technik
The company has been a market leader in manufacturing plastic extrusion machinery for more than four decades and also operates an EV battery business under the brand name Batrix.
Maruti Suzuki India
Maruti is the country’s leading automotive company and is setting up EV battery manufacturing plant in Gujarat with an investment of more 73 billion
Bharat Electronics
Bharat Electronics is a state-owned entity and works directly under the Ministry of Defence. They have recently announced their entry into EV battery manufacturing.
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