The Indian lithium-ion battery market was valued at Rs. 12,500 Crore in 2020 and is expected to touch Rs. 36,000 Crore by 2027. The emergence of electric vehicle and energy solar storage systems for a varied range of applications are major driving factors for the growth in this space along with the government’s encouragement towards cost-effective and environmentally sustainable energy resource options.
However, coinciding with the exponential boom there is also a growing lack of awareness around the usage of lithium cells that culminates in quality compromises. In order to reduce cost, OEM & battery manufacturers in the country tend to overlook the constructive requirements of battery which may lead to fatal damages.
Observing these challenges in the battery pack industry, Future Hi- Tech Batteries came into being to of-fer comprehensive solutions of lithium-ion battery for a diverse range of applications such as automotive, solar energy storage, telecom, medical devices and more.
With the vision to bring in green energy solutions Future Hi-Tech designed a wide range of quality battery packs and customizes them according to various requirements of different applications, thermal dissipation and specifications of the end user. Being India’s first battery pack manufacturer, Future Hi-Tech puts in enormous effort and time in R&D to keep enhancing performance efficiency of their products since its inception.
Exclusive Range Of Offerings
Future Hi-Tech has developed smart Battery Management System to recharge batteries and improve their performance at an optimum level. Along with manufacturing 1-32S battery packs of more than 800 variants they have aced lithium technology by incorporating BMS with SMBUS (12C, HDQ port) of 30 various kinds. To pursue ecofriendly energy solutions Future Hi-Tech has designed e-Tractor lithium batteries that have the capacity to run more than five years reducing operational costs.
Devised with fast charging facility and a GPS tracking system their e-Tractor batteries en-sure long mileage. All their products undergo stringent tests and quality-check to ensure uninterrupted service. Future Hi-Tech conforms to their claimed quality standards to deliver reliable power solutions of prolonged life cycle for recreational and electric vehicles. The intelligent telecom battery modules developed from LFP cells come with automatic balancing functions, easy monitoring and f lexible capacity expansion. Future’s powerhouse energy storage system is based on LFP chemistry and compliant with safety parameters to run uninterrupted power supply with four different capacit ies between 2.5 and 10Kwh.
Gagandeep Kaur, Executive Di-rector of Future Hi-Tech Batteries states, “While working with OEMs, I have found that in the way to achieve cost-effectiveness the market is compromising on quality of lithium batteries. As for electric vehicles, the instances of them catching fire are noticed very often. What the EV manufacturers need to understand is that the energy storage system is an integral part of the appliance and it is entirely about synchronization of battery with the other components of the vehicle. Understanding the distinctive requirements of thermal dissipation for each application is the first step towards eliminating serious hazards involving life risks”.
What the EV manufacturers need to understand is that the energy storage system is an integral part of the appliance and it is entirely about synchronization of battery with the other components of the vehicle
Future Roadmap
Gagandeep Kaur further states, “Our plans are driven towards these industries like commercial vehicles and energy storage systems. We are working on critical products like power walls and ground power unit brands, replacement of digi sets with the lithium batteries. There should be no shortcut to volumes. New entrants are entering and extensive R&D is required in this field. With the innovative applications like e- Tractor and other solar applications, Future Hi-Tech is also looking for-ward to more cost-saving lithium alternatives making India a bit more self-reliant”.