Batteries are the biggest source of energy and the driver of the future.
Everything we see today runs on batteries. So, these batteries are more important than most of us realize. Batteries are the heart of electric vehicles.
As the trend of electric vehicles is growing in India as well as across the world, it becomes very important for us to understand who is the battery market leader in India, especially lithium-ion batteries for electric vehicles.
In this article, we will look at the list of top lithium-ion battery manufacturers and their component manufacturers, which are expected to hold more than 77.3% share in the Indian market by 2024. So let’s first look at the data.
Top 5 Lithium-ion Batteries Manufacturers in India
Following are the Top 5 Lithium-ion Batteries Manufacturers in India.
| Sr. No | Company | Headquarters |
| 1 | Amara Raja Batteries Ltd | Tirupati |
| 2 | Exide Industries | Kolkata |
| 3 | TDSG | Gujarat |
| 4 | Tata Chemicals | Mumbai |
| 5 | Luminous Power Technologies | Haryana |
Introduction to Lithium-Ion Battery
The Li-ion battery has established itself as the technology of reference in the future world of electric cars. A lithium-ion battery is a rechargeable battery used in electric vehicles as well as portable electronics.
Lithium-ion batteries are the clear winner, with very little risk for their businesses to be threatened by alternatives such as other advanced batteries or supercapacitors.
The largest market for lithium-ion batteries will remain electric vehicles, from 2020-2030.
The most common type of battery used in EVs is the lithium-ion battery. These batteries are also used in portable electronics, even in cell phones and computers.
Li-ion batteries have high energy efficiency, a high power-to-weight ratio, and good high-temperature performance. This means, batteries hold a lot of energy for their lesser weight, which is required for electric cars.
The lesser the weight, the longer the car can travel on a single charge (By Newton’s First Law of Motion). Lithium-ion batteries have a low self-discharge rate, meaning they are better than most other batteries at holding a full charge over time.
Types of Components Used in lithium-ion battery
Li-ion batteries consist of primarily four main components: Cathode, Anode, Electrolyte, and Separator. Every element of a Li-ion battery is essential as it cannot function when one of the components is missing.
Cathode
- Emit lithium-ion to anode during charging
- Receive lithium-ion during discharging
- Material: lithium metal oxide powder
Anode
- Receive lithium-ion from anode during charging
- Emit lithium-ion during discharging
- Material: Graphite powder
Electrolyte
- Pass lithium-ion between cathode and anode
- Material: Lithium salts and organic solvents
Separator
- Prevent short circuits between cathode and anode
- Pass lithium ions through pores in the separator
- Material: Microporous membranes
How Does the Lithium-Ion Battery Work in an Electric Car?
How Lithium-Ion Batteries Work?
- All batteries use this same basic configuration
– Anode, cathode, and electrolyte - Lithium batteries and lithium-ion batteries are different
– Lithium batteries use lithium metal anodes (usually non-rechargeable)
– Lithium-ion batteries use graphite or other material.
The fundamental principle behind the working of a lithium-ion battery is to circulate electrons by creating a potential difference. Each cell of a lithium-battery contains two electrodes immersed in a conductive liquid called the electrolyte.
While recharging the electric vehicle battery, the charger transfers electrons from the positive electrode i.e., the anode to the negative electrode i.e., the cathode. Contrarily, when the car is in motion, the electric vehicle motor uses the current generated by the flow of electrons, leaving the cathode to return to the anode.
The lithium-ion battery uses lithium ions (Li+): hence the name given to this technology. An added advantage is that most of the lithium-ion battery parts are recyclable, making these batteries a very good choice for the environment as well.
Li-Polymer vs Li-Ion Battery
The main difference between both these batteries is that lithium-ion batteries use a liquid electrolyte to regulate flow, whereas solid-state batteries use a solid electrolyte. A solid electrolyte will provide a much more compact size with higher energy density, longer lifespan, and increased safety.
Lithium-ion Batteries
They have higher energy density and cost less. They are essentially a group of rigid electricity-generating compartments, consisting of three pieces: a positive electrode, a negative electrode, and an electrolyte (liquid chemical compound between them).
Unlike more traditional ones, most lithium-ion batteries also include an electronic controller, which regulates power and discharge flow, so your battery doesn’t overheat or explode.
Lithium-polymer Batteries
They are lightweight and have improved safety. However, their cost is high as compared to lithium-ion. Also, the energy density of Li-Po batteries compared to Li-Ion Batteries is relatively less. In Li-Po batteries, the electrolyte used isn’t a liquid.
Instead, Li-Po batteries use one of these three forms: a dry solid, (it was phased out during the prototype years of lithium polymer batteries) a porous chemical compound, or a gel-like electrolyte.
Final Thoughts
The battery system is a significant part of an Electric vehicle. The different varieties of Li-Ion batteries are currently the most dominant battery types used in EVs. Because of increasing demand, there is a requirement for better performance of batteries in terms of reduced weight, better cycling ability, recyclable materials, general battery performance, and better driving range.
“Next-Gen Batteries to Power Up Electric Vehicle Installed Base to 100 Million by 2028.” The next generation of electric vehicle batteries will be solid-state batteries, where the liquid electrolyte is replaced with a solid and conductive material.
This will provide a high specific energy rate that will provide an improvement over today’s Li-ion batteries. BMW and Solid Power have joint ventures to develop a new solid-state battery for EVs. Nexeon, a UK-based company, is researching new materials based on silicon to replace carbon in the anode, which will double the range of EVs.
