Top 10 Lithium-ion Battery Manufacturers in India

The growing demand for electric vehicles (EVs) in India is driven by environmental awareness and government incentives. At the heart of this green revolution are lithium-ion batteries, essential for EVs due to their high energy efficiency and longevity.

1. Amara Raja Batteries (AMARA)

Located in Tirupati, Andhra Pradesh, Amara Raja Batteries Ltd is a key player in India’s battery sector. Known for Automotive and Industrial batteries, the company is pivoting towards lithium-ion technology to meet EV demands. Their collaboration with Ather Energy to produce advanced lithium-ion cells marks a significant move in this sector.

2. Exide Industries

Exide Industries, based in Kolkata, is a veteran in battery manufacturing. Its recent partnership with Leclanche S.A highlights a shift toward lithium-ion technology. The company’s facility in Gujarat is a state-of-the-art hub for Li-ion batteries, aligning with the growing market needs.

3. TDSG (Toshiba-Denso-Suzuki Gigafactory)

The TDSG plant in Gujarat, a joint venture among TOSHIBA, DENSO, and Suzuki, focuses on LTO-based Li-ion batteries for Maruti Suzuki. It stands out in rapid charging and safe operation, receiving critical industry certifications.

4. Tata Chemicals

Tata Chemicals is making strategic investments in lithium-ion battery production, particularly at its Sanand plant in Gujarat. This facility supports their ambitious EV rollouts and shows the Tata Group’s commitment to sustainable mobility in India.

5. Luminous Power Technologies

Luminous offers innovative power solutions with its Rick Power+ lithium-ion batteries for electric three-wheelers, promising exceptional performance and efficiency. They also collaborate with Matter Energy for swappable battery technology.

6. Okaya Power Group

Headquartered in New Delhi, Okaya Power Group is recognized for its diverse battery products. With 29 years in the industry, the company excels in Li-ion battery manufacturing for 2W, E-Rickshaw, and solar applications, providing robust energy solutions.

7. HBL Power Systems

Based in Hyderabad, HBL is renowned for its Li-ion battery systems designed for fast-charging stations and industrial applications. Their innovations in battery management systems extend to critical areas, including Defence and Telecom sectors.

8. Panasonic India

With a joint venture with the Indian Oil Corporation, Panasonic is investing in cylindrical Li-ion batteries for the burgeoning two- and three-wheeler market in India, enhancing its presence in the battery sector.

9. Ola Electric

Ola Electric, headquartered in Bengaluru, shines with its Bharat battery cell initiative. The indigenous 4680 battery cell is a leap forward in energy density and efficiency, marking Ola’s footprint in India’s battery manufacturing landscape.

10. Log9 Materials

An IIT Roorkee startup, Log9 focuses on innovative battery solutions, including the rapid-charging RapidX series. Their recent battery production facility in Bengaluru is pivotal to India’s advanced energy storage ecosystem.

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