As per a recent report by Mordor Intelligence, the Lithium Ion Battery market in India was estimated to be worth $4.47 billion in 2024 and is expected to grow at a CAGR of around 18.5 percent from 2025 to 2030. The market is driven by rising demand for electric vehicles, supportive government policies and push for renewable energy storage solutions. A critical challenge in recent years has been the increasing number of fire incidents in EV batteries, yet majority of manufacturers in this sector continue to design batteries as per the nominal current requirements which are unable to manage the heat.
Clients are desperately seeking batteries that can withstand peak currents. Rising to prominence among them is Ranjans Li-on Energy, that carefully assesses each vehicle’s unique requirements and designs batteries that not only meet peak current demands but also minimizes heat generation, thus ensuring optimal performance and efficiency.
Incepted in 2019, Ranjans Li-on Energy specializes in offering high performance Lithium-ion batteries and integrated energy storage solutions. Right from energy audits and system design to installation, operations and maintenance, the company offers turnkey services ensuring seamless energy management. Its advanced battery technology caters to a wide range of applications, including Electric Vehicles, Energy Storage Systems, Telecommunications, Solar Power, Railway and Metro Signals, Lifts and more. The enterprise offers high-performance batteries in Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt chemistries, available in both cylindrical and prismatic cell configurations.
“We carefully select high-quality raw materials that can ensure the durability and resilience against the rigorous demands and pressures faced by battery throughout its lifespan”, says R V Ranjan, CEO & Director, Ranjans Li-on Energy.
Focused on Efficiency
Ranjans Li-on Energy has established itself as a recognized player of high-voltage, high-current batteries. The company is dedicated to not just meeting but exceeding customer expectations through superior performance. It is fully committed to deliver excellence through providing unparalleled support to its customers along with after-sales services. The company is focused on designing and delivering the optimum quality of battery packs that prioritizes the highest safety standards, ensuring both reliability and peace of mind for its customers.
Ranjans Li-on Energy specializes in providing tailored and cost-effective battery solutions optimized for electric vehicles. The Lithium-ion batteries manufactured by the firm are comparatively lighter, weighing just one-third of the traditional Lead acid batteries. The safety and dependability of its batteries are guaranteed through comprehensive testing of the cells, Battery Management System (BMS) and the complete Energy Storage System, hence ensuring optimal performance and protection. The batteries designed by the firm also offer extended longevity and reliable performance up to the final mile. This effectively mitigates range anxiety, ensuring a smooth and confident driving experience for the users.
To ensure optimal performance and minimal downtime, Ranjans Li-on Energy rigorously tests each battery through a complete charge and discharge cycle before shipping
Ranjans Li-on Energy has a dedicated team of engineers and scientists working on developing innovative solutions to enhance safety and reliability of Lithium Batteries. The company has already filed for several patents notably in the area of Thermal Management, Battery SOH, All Season All Terrain Battery, Early detection and prevention of Thermal Runaway and several others. Looking towards the future, Ranjans Li-on Energy has a broad roadmap that includes a strategic partnership with a client for the conversion of Tata Ace vehicles and is planning to collaborate with another firm to develop motor controllers for retrofitted trucks.
In the upcoming year, the company plans to expand its portfolio by venturing into retro-fitment of cars and small trucks. Additionally, it aims to keep innovating by manufacturing batteries for retrofitted scooters for one its Bangalore-based client, further strengthening its position in the e-mobility sector.
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