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Lithium-ion Battery Manufacturers in India

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In the previous few years, India has doubled its imports of lithium-ion (Li-ion) batteries and more than tripled its import cost. Lithium-ion batteries are imported into India from China, Japan, and South Korea. Now let us look into some of the key players in the Lithium-ion sector in India.

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Lux: Li-ion dominating grid storage market with 90% of 2014 proposals

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Lithium-ion (Li-ion) batteries have become the dominant new technology in grid storage, capturing a 90% share of systems proposed last year, according to analysts at Lux Research. Li-ion accounted for 419 MW and 1,555 MWh of proposed storage systems in 2014. LFP, NMC are the leading Li-ion cathodes.

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Toshiba delivers two SCiB Li-ion grid energy storage systems

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Toshiba Corporation has delivered battery energy storage systems integrating the company’s SCiB Li-ion battery ( earlier post ) to Kyushu Electric Power Co., Toshiba is promoting battery energy storage system globally as a support for stable power supply, and is involved in Smart Community projects around the world.

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Exide and Leclanché launch Li-ion battery JV in India

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Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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FREYR and 24M sign licensing and services agreement for mass production of Li-ion battery cells; Glencore for raw materials

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FREYR AS and 24M Technologies signed a definitive License and Services Agreement to use 24M’s SemiSolid lithium-ion battery platform technology ( earlier post ) in FREYR’s planned facilities in Mo i Rana, Norway. —Tom Jensen, the CEO of FREYR. 24M’s SemiSolid battery cell simplifies and enables stronger recycling opportunities.

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Koura acquires organosilicon electrolyte company Silatronix

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Koura is currently the largest producer of fluorspar in the world, accounting for more than 20% of global supply, as well as the producer of around 10% of global hydrofluoric acid supply. Koura is actively developing fluorine-containing materials for use in current and next generation Li-ion batteries.

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GPSC to build plant for 24M semi-solid batteries in Thailand; 30 MWh to start, 100 MWh in 2021

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Global Power Synergy PLC (GPSC) is building a battery manufacturing facility in Thailand using 24M’s novel SemiSolid lithium-ion technology ( earlier post ). In May 2019, 24M delivered 40 grid-scale, 110 Amp-Hour (Ah) li-ion cells to GPSC. GPSC is the main power and utility company of PTT Group.

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