A Spanish company revolutionizes the lithium battery market with its strategy of technological innovation and custom manufacturing
- NCPOWER, founded just four years ago, is growing at a rate of 300% annually and manufactures more than 1,200 batteries per year for the main manufacturers of electric commercial vehicles.
- By 2024, it expects to invoice 7 million euros.
- Projections indicate a growth of around 50% in the lithium battery production market starting this year.
MADRID. OCTOBER 16, 2023. The global lithium battery market is experiencing an unprecedented expansion phase. In fact, projections indicate a growth of around 50% in lithium production starting this year.
In this context, the Spanish company NCPOWER is leading the energy transformation and revolutionizing the lithium battery market worldwide. Not in vain, founded only four years ago, in 2019, it already produces 1,200 lithium batteries per year for electric vehicles and by 2024 it expects to have a turnover of more than 10 million euros.
In just four years since its creation, NCPOWER has established itself as a leading manufacturer of LifePo4 lithium ion batteries in Spain. Its success is largely due to its advanced NCPOWER System, which combines cutting-edge technology with 100% customized solutions for each project and client.
NCPOWER continuously invests in technological improvements and training of the R&D team responsible for designing and manufacturing stable, safe and increasingly durable batteries for use in electric vehicles, with a notable specialization in the light commercial and utility vehicle market.
“We feel absolutely proud and inspired to continue advancing and growing, since today, NCPOWER has a presence in more than 20 countries as a lithium battery manufacturer to supply electric vehicle manufacturers with high production volumes and high needs for efficiency and customization,” says the company's CEO, Mario Nicolás Carcelén.
Each battery pack is custom developed to meet each customer's specific needs, taking full advantage of the NCPOWER System, which is based on an advanced battery management system (BMS) and telemetry. This allows optimal performance to be achieved with a significant reduction in operating costs, which translates into a notable improvement in productivity and practically zero maintenance.Thus, NCPOWER batteries offer higher performance than other types of batteries, balancing speeds 22 times faster than other lithium batteries, 50% recharges in just 30 minutes and real-time monitoring of the battery's status.
Cutting-edge technology is one of NCPOWER's main distinguishing features, but it also highlights its unwavering commitment to the environment. The company cares deeply about caring for the planet and is actively dedicated to reducing CO2 emissions through the design and production of sustainable lithium-ion batteries.
About NCPOWER
NCPOWER is a Spanish manufacturer of Sustainable lithium batteries with Innovative and Personalized Technology. It designs, develops and manufactures advanced lithium-ion energy storage solutions for electromobility for a wide variety of markets: Light Commercial Electric Vehicles, Electric Utility Vehicles, Industrial Machinery and Energy Storage. It has a consolidated international presence and continues its expansion process, having a presence on 3 continents.