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Spanish company revolutionises lithium battery market

9 August 2023

A Spanish company is revolutionising the lithium battery market with its strategy of technological innovation and customised manufacturing.

  • NCPOWER, founded only four years ago, is growing at a rate of 300% per year and manufactures more than 1,200 batteries per year for leading electric commercial vehicle manufacturers.
  • By 2024 it expects to have a turnover of 7 million euros.
  • Projections indicate a growth of around 50% in the lithium battery production market starting this year.

MADRID. 16 OCTOBER 2023. The global lithium battery market is experiencing an unprecedented phase of expansion. In fact, theIn addition, projections indicate a growth of around 50% in lithium production from this year onwards.

In this context, the Spanish company NCPOWER is leading the energy transformation and revolutionising the global lithium battery market.. 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 consolidated its position 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% solutions customised for each project and customer.

NCPOWER continuously invests in technological improvements and training of the R&D team to design and manufacture stable, safe and increasingly durable batteries for use in electric vehicles, with a strong focus on the light commercial and utility vehicle market.

"We feel absolutely proud and inspired to keep moving forward and growing, as 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 efficiency and customisation needs," says the company's CEO, Mario Nicolás Carcelén.

Each battery pack is custom-developed to meet the specific needs of each customer, 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, resulting in significantly improved productivity and virtually zero maintenance.

NCPOWER batteries offer higher performance than other battery types, balance speeds 22 times faster than other lithium batteries, recharging of the 50% in just 30 minutes and real-time monitoring of battery 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 the planet and is actively engaged in reducing CO2 emissions through the design and production of sustainable lithium-ion batteries.

About NCPOWER

NCPOWER is a Spanish manufacturer of Sustainable Lithium-ion batteries with Innovative and Customised Technology. It designs, develops and manufactures advanced lithium-ion energy storage solutions for electromobility in 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, with a presence on 3 continents.

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