Top EV Battery Manufacturers in India
EV battery manufacturer – The demand for Electric Vehicles or EVs is increasing day by day due to several reasons. EVs run on cleaner fuel and do not have a negative impact on the environment. Also, climate change has forced companies to find alternate sources of energy other than fossil fuels. With rising fuel prices, EVs seem to benefit consumers with lesser expenditure on fuel. Hence, EV battery manufacturers are increasing the manufacturing of EV batteries to meet the increased demand.
Find below the EV Battery manufacturer in India:
Exide
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Established in 1947, Exide is the biggest EV battery manufacturer in India. They are also the world’s fourth-biggest battery manufacturer. From recycling used batteries to producing EV batteries, Exide supplies in 5 continents constituting 46% of supply. It has its headquarters in Kolkata and production plants all over India and Sri Lanka.
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Amaron
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Amaron is the second largest EV battery manufacturer in India. Their latest contract with ISRO that provides them with the latest technology and training gives them an extra edge. The company is investing in lithium-ion battery production plants to invest in green technology. They recently invested INR 200 million in its Tirupati plant for the same.
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Tata Group
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Tata Group is one of the biggest promoters of EVs. The company has actively participated in the production and manufacturing EV batteries and EVs. Since the entire process is done in house, it allows them to keep production costs low. They are one of the first companies in India to launch EVs. They are also manufacturing and installing EV charging stations across the country.
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Hero Motorcorp
Hero Motorcorp is the biggest two-wheeler manufacturer in the country. The company is shifting towards green energy and planning to launch electric two-wheelers soon. They have already launched a few EVs. They are also going to manufacture EV batteries. They recently installed a new EV plant in Tamil Nadu.
Maruti Suzuki
Maruti has been a major player in the automobile industry. It has recently planned a joint venture with Toshiba and Denso to become an EV battery manufacturer. They use smart hybrid technology to increase fuel efficiency and reduce costs.
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