Top 5 EV Battery Manufacturers in India 2022

As we know electric automobile industry increasing rapidly as a result demand for batteries also increasing so here we bring the Top 5 EV Battery manufacturers in India as per the latest data for the year 2022.

If you are an Automobile enthusiast then you already know how quickly the EV industry growing day by day most of the parts of electric vehicles are imported from foreign countries but thanks to the newly launched initiative from the government of India.

Electric car prices are very high in India compared to other countries due to import duties, so the Indian government takes an initiative and announced a production-linked Scheme (PLI) for ACC battery storage manufacturing.

Here are the top 5 battery manufacturing companies that are contributing to the EV market for a better future for India by becoming part of this revolutionary initiative.

5 EV Battery Manufacturers in India

Check out some biggest battery manufacturers for electric vehicles in India one of these is the fourth largest manufacturing company in the world which is great for India in the future.

1. Exide Industries

Exide is the largest battery manufacturer in India it was founded in 1947, it is the fourth largest battery company in the world, and 2018 Exide Industries partnered with Leclanche (A global energy storage solutions provider)  and formed a Joint venture to build lithium-ion batteries for India’s EV market.

There are a total of nine factories spread across India in that seven factories are assigned for manufacturing batteries and the other two for the home UPS system, these manufacturing plants produce above 8 million units annually.

Here are some Exide Industries plant locations with addresses given below

West Bengal

• 91 New Chord Road, Shamnagar, 24 Parganas – 743 128
• Haldia, Dist Midnapore – 743 128

Haryana

• Plot No 179, Sector 3, HSIIDC growth center Bawal – 123 501

Maharashtra

• D2, MIDC Industrial Estate, Chinchwad East, Pune 411 019
• Plot No T-17 MIDC Taloja Industrial Area 410 208
• E-5, MIDC, Nagpur Ahmednagar 414 111

Tamil Nadu

• Survey No 246, Hosur Taluk, Krishnagiri Dist 635 103

Uttrakhand

• Khasra No 275, Roorkee Dist 247 661
• Plot No 31, Sector 8A, Integrated Industrial Estate, Haridwar 249 403

The company targets to start over 6 GWh capacity production in 3-4 years and they have a goal of 12 GWh of annual production in the next 8-10 years.

2. Amara Raja Batteries

It was founded in 1985 and now it has become the 2nd largest battery manufacturer in India, Generally, this company is known for its automotive battery brand that is ‘Amaron’ here is some more information regarding the Amara Raja batteries brand.

Amara Raja recently invested about a 200million INR in its Tirupati plant to establish a sustainable lithium-ion battery production, the company also signed an agreement with ISRO to help and train their employees.

They have taken the first step by applying for the PLI scheme of the Indian government and they do a full-fledged entry into lithium cell manufacturing.

Amara Raja batteries have a total of seven plants which are located in Andhra Pradesh state for different facilities like 4-wheeler, two-wheeler, and LVRLA battery plants.

UPDATE: Amara Raja batteries going to invest 9500 to set up a lithium-ion Gigafactory with a capacity of up to 16 GWh but in starting they will set up only a 2 GWh capacity factory by investing 2000 Crores.

Not only a Gigafactory but also set up an advanced energy research and innovation center in Hyderabad, to be precise it will be set up in Divitipally, Mahabubnagar District.

Karakambadi

1. 4-wheeler battery plant – Karakambadi, Tirupati Andhra Pradesh 517 520
2. LVRLA battery plant – Karakambadi, Andhra Pradesh 517 520
3. Two-wheeler battery plant – Karakambadi Tirupati, Chittoor Dist 517 520

Nunegundlapalli

1. 4-wheeler battery plant- Nunegundlapalli Village, Chittoor Dist, 517 422
2. MVRLA battery plant – Nunegundlapalli Village, Chittoor Dist, 517 422
3. Tabular Battery plant – Nunegundlapalli Village, Bangarupalyam Mandal, Chittoor Dist 517 422
4. 2-wheeler battery plant – Nunegundlapalli Village, Chittoor Dist, 517 422

3. Tata Group – Tata chemicals

Tata group is a well-known brand in India and they are always supportive of Green technology, As we know Tata motors is the leading Electric car brand in India they have almost 90% of the EV car market.

Tata chemicals signed the Memorandum of understanding (MoU) with ISRO to boost their lithium-ion cell technology and they also apply for the PLI scheme to export cells from India.

Tata Chemicals was planning to set up a battery plant in Gujrat but Tata group chairman N Chandrasekaran said that they don’t have any plans to set up a separate plant right now.

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4. Hero Motocorp

As we all know Hero Motocorp is the largest two-wheeler manufacturer in India and they also have Electric scooters in their portfolio.

Hero Motocorp Company invests in the domestic electric vehicle brand Ather Energy and they have a roughly 34.6% of stake in the brand, rather energy recently revealed the electric vehicle manufacturing plant at Hosur in Tamil Nadu.

The facility has the total capacity to produce 1,20,000 battery packs annually and it is the only OEM in India that makes its own battery packs they have 13 patents on the designs.

5. Maruti Suzuki

Maruti Suzuki is a subsidiary of the Japanese company Suzuki and it is the leading car manufacturer in India, Now company planning to enter the lithium-ion battery with the joint venture Toshiba and Denso.

Nowadays companies only work on hybrid cars and hybrid car batteries have a different chemical composition which makes them reliable and has more charging and discharging cycles.

On March 2022 Suzuki motor corporation signed an MoU with the Government of Gujarat to invest Rs 104 billion which means 104k Crores INR in Electric vehicle batteries, and they plan to launch their first EV car in 2025.

Conclusion

All these brands are well-known and established brands in India but if we talk about Lithium-ion batteries then at present there are some companies that start manufacturing lithium-ion batteries in India which are Exide, Amara Raja Batteries, and more companies planning to join the party.

Ola said they will set up a Lithium-ion cell manufacturing plant in India to reduce their Electric scooter price and they already said that they building the world’s biggest electric scooter factory.

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