Top Manufacturers of Lithium Ion Batteries in the World, 2021
In the modern technology era, it is hard to find an area where people aren’t dependent on gadgets. As most of the devices around us run on batteries, they have somehow become a lifeline of our daily lives! Currently, lithium-ion batteries are the most commonly used batteries found in electronics, solar energy systems, smartphones, laptops, power backups, etc. Introduced between the late 1980s and 1990s, it has completely transformed the world of portable electronics.
The older batteries like nickel-cadmium and lead-acid batteries were made up of hazardous materials. Due to growing concerns, battery companies in India switched to lithium-ion batteries and the industry continues to flourish round the clock.
With each battery company emphasizing these modern-age batteries, here are some top manufacturers around the world.
As a leading battery brand in India, Waaree Energy Storage System (WESS) is also India’s largest vertically integrated solar energy company. With their new lithium ion battery manufacturing plant, they produce the best solar batteries in India, especially for EVs, power backup at grid level/power plant level, solar street lights, etc. All their batteries are tested as per the national and international standards ensuring maximum customer satisfaction globally.
Aimed towards sustainable energy, this U.S based company is among the 5 largest battery manufacturers worldwide. Currently, the company produces battery energy storage, solar products, related services, and even electric cars! Tesla partnered with Panasonic now owns the largest lithium-ion battery manufacturing factory called Giga-Nevada.
This Korean megacorporation is the no.1 li-ion battery manufacturer by capacity. As they set up lithium battery manufacturing units worldwide, they collaborated with top battery companies in India like Mahindra.
China’s CATL is the second-largest lithium-ion battery manufacturer in the world and ranks no.1 in China. The company aims towards meeting the current global demand by opening mega factories.
This Japan-based giant is the 4th largest manufacturer of li-ion batteries globally. Also, it ranks no.1 in Japan and mainly operates through eco-solutions, connected solutions, automotive and industrial systems, etc.
You can also read: Top 10 Solar Battery Companies In India 2021
What are the advantages of li-ion batteries?
Due to their extremely lightweight nature, they can be easily carried from one place to another. They weigh just 25% of a typical lead-acid battery!
The average life of a li-ion battery is about 10 years. As compared to the lead-acid battery’s 1500 charging cycles, li-ion batteries can handle over 2000!
With the maximum charging time of 2-4 hours, it has been a boon to this restless generation.
Apart from regular appliances, decorative pieces can be run on a li-ion battery too.
Designed for plug-and-play, it is safe for kids as well. Also, there are no chances of sparking
when connecting to an inverter.
With such rapid industrialization across the world, there is a dire need to emphasize green energy sources. Indian companies like Waaree emerge as the leading solar energy solution company that provides all kinds of solar products and their batteries. Now, it’s our time to step forward and make India the world’s largest solar-powered nation!
Read more: Top 5 Lithium-ion Battery Manufacturers in India