How to find the right lithium battery manufacturer for your 2W EV business?

Lithium batteries in EVs account for 40% of the total cost of EVs. So if you are looking to venture into 2W EV manufacturing then you need to select the right lithium battery manufacturer. In this piece of content, we will explore how you can find the right lithium battery manufacturer for your 2W EV business.

Due to rising global concern about the climate change, the auto industry is shifting towards the Electric vehicles. Lithium-ion batteries will be in high demand during the next decade.

According to the International Energy Agency, 145 million electric vehicles will be on the road in 2030.

The success of an electric vehicle is largely determined by the energy storage system, and lithium-ion batteries are the only ones that meet a number of specified specifications, including high energy density, adequate power capabilities, and longer life. Like any other battery, lithium-ion batteries store energy chemically and release it electrically. Inside, lithium-ion cells compress a great amount of energy into a small package, allowing for faster energy extraction than any other battery. Lithium-ion batteries are among the leading competitors for powering electric vehicles. However, it is very important to choose a right lithium battery manufacturer for your EV’s.

2 Wheel Lithium Battery by Inverted Energy

At Inverted Energy, we manufacture lithium batteries for 2 Wheel. In the 2 wheel electric vehicles we have low speed and high speed electric vehicles. 

  • Voltage: 48 V
    Capacity Variants: 26Ah | 28Ah | 32 Ah
  • Voltage: 60 V
    Capacity Variants: 28Ah | 30Ah | 35Ah
  • Voltage: 72
    Capacity Variants: 23Ah | 30Ah | 45Ah

Click here if you are looking for lithium batteries for your 2 wheel EV business

Lets understand what all things you need to know about the lithium battery manufacturer.

  • What is the production capacity of the lithium battery manufacturer?

If you want to compete, you’ll need to increase your yearly EV manufacturing capacity. The need for lithium batteries will rise as a result of this. You must ensure that the lithium battery manufacturer with whom you will collaborate is capable of meeting that criterion.

It implies you’ll need to know not only what is their current battery manufacturing capacity, but also what’s their growth rate.

  • Are they newcomers in the market or working with other OEMs?

Working with newcomers is always avoided in any business. Because the newbies don’t have any market experience or credibility. This can lead to challenges with trust. Electric vehicles are a relatively new market that is still in its infancy. There aren’t many lithium battery producers since making lithium batteries isn’t everyone’s cup of tea. As a result, collaborating with manufacturers who already deal with other OEMs is important.

  • Information related to their R&D capability

It is very important to know that if they are actually manufacturing lithium batteries or just trading them. To understand this you need to explore their R&D capability.

Customized battery packs: Are they able to design customized batteries? If they can design the customized battery packs then it’s a good sign. Having an in-house manufacturing team can lower the service time of the faulty battery.

If you are looking to venture into EVs then you need to have a basic understanding of some technical terms for the batteries, like BMS, Types of cells, Charger Capability.

BMS: Battery Management System is the most important part of a lithium battery. Not everyone can design a BMS. Most of the lithium battery manufacturers procure BMS from a 3rd party. If the BMS is not of good quality then the battery can face a lot of issues. 

You also need to know about the difference between smart BMS and normal BMS.

Learn more about BMS

Types of Lithium cells: Previously NMC was used in the 2W EV’s but now LFP is being used. LFP performs better than NMC as it delivers at least 2500 – 3000 full charge/discharge cycles while NMC delivers only 500-1000 charge/discharge cycles.

Learn about types of Lithium Batteries

Charger compatibility: The charger needs to be compatible with the battery. If not then it will affect the overall lifecycle of the battery.

What is the return rate of batteries?

Battery failure can occur for a variety of causes. Some are completely technical, while others are because of the client. You must be aware of the distinction. Customers will always believe that the battery failure is due to a manufacturing issue rather than their fault.

You also need to know the battery return rate from whoever is making the batteries for you. This refers to the number of batteries that are returned to the manufacturer for repair.

The higher the percentage of returns, the less trust they have in their ability to manufacture.

What is the lead time for your order?

Since there are very few lithium-ion battery manufacturers so manufacturers follow the FIFO process which is First In First Out. So make sure you know the lead time for your batteries. It should not be too late otherwise it will affect your business as well.

Lithium Battery Chargers

Not every charger is compatible with every battery. You need to know that a charger for LFP cannot be used for charging NMC.

Also, voltage synchronization between the charger and the battery is very important. 

You need to know if your batteries support fast charging or not so that accordingly you can educate your clients. To save time almost every EV user prefers fast charging but if the battery does not support fast charging and is still subjected to fast chargers then it can damage the battery as well.

At Inverted Energy we manufacture Lithium batteries for Electric Vehicles across various range.

If you want to start your business in lithium batteries industry then contact us.