{"id":302859,"date":"2019-11-26T11:32:43","date_gmt":"2019-11-26T06:02:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302859"},"modified":"2019-11-26T11:48:20","modified_gmt":"2019-11-26T06:18:20","slug":"micromax-energy-eyes-10-per-cent-market-share-in-lithium-ion-batteries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/micromax-energy-eyes-10-per-cent-market-share-in-lithium-ion-batteries\/","title":{"rendered":"Micromax Energy eyes 10 per cent market share in lithium-ion batteries"},"content":{"rendered":"<p>Micromax Energy, an independent firm and part of Micromax Group, is aiming 8-10 per cent market share of the lithium-ion battery market in India \u2014 which is at a nascent stage \u2014 by next year.<\/p>\n<p>The company has been manufacturing lead acid batteries too, but is now focussing on the lithium-ion batteries as the market for electric vehicles, particularly as the three-wheeler segment is growing at a multi-fold level.<\/p>\n<p>\u201cThis year was the beginning of the trials and a lot of people coming in&#8230;but in 2020, we are targeting 8-10 per cent of the total market. Next year will be a big market for the lithium-ion batteries in India,\u201d Sunil Bhatnagar, Country Head \u2013 Energy Division, Micromax Energy, told BusinessLine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Micromax Energy, an independent firm and part of Micromax Group, is aiming 8-10 per cent market share of the lithium-ion battery market in India \u2014 which is at a nascent stage \u2014 by next year. The company has been manufacturing lead acid batteries too, but is now focussing on the lithium-ion batteries as the market for electric vehicles, particularly as the three-wheeler segment is growing at a multi-fold level. \u201cThis year was the beginning of the trials and a lot of people coming in&#8230;but in 2020, we are targeting 8-10 per cent of the total market. Next year will be [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-302859","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=302859"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302859\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}