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Growth of the automotive industry in Indonesia, Mexico, India, Vietnam and Thailand is expected to propel the industry. VRLA (valve-regulated lead-acid) batteries are forecast to grow at a CAGR of 6.4% Increasing investment in eco-innovations including electric bikes, cranes and forklift will aid industry expansion.
We’re not throwing stones or rocks at lead acid battery industry. All of these things that are new put more and more strain on the battery and create the need for the battery to have excess energy. Micro-hybrid testing against VRLA. There are some things it can’t do. One of those is perform uniformly in large strings.
Okaya Power Group an Energystorage solutions provider announced its entry into the electric two-wheeler business with the launch of a range of vehicles. The company’s ‘Electric 2Wheelers’ are available in four variants, both in ‘VRLA Lead Acid Battery’ and ‘Lithium Iron Phosphate’ (LFP) battery.
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