Varroc Engineering, a Tier-1 auto component supplier, has entered an agreement to manufacture electric vehicle Battery Management System (BMS) in India for Lithium Balance, a Danish BMS solutions provider. As per the agreement, Varroc will manufacture BMS for lithium-ion batteries for electric two- and three-wheelers at its manufacturing facility in Pune.
Lithium Balance was founded in 2006, and works in the field of developing, manufacturing and selling Battery Management Systems (BMS) for lithium-ion battery technologies. With over 10 years of experience in a relatively young industry and over 700 customer projects, Lithium Balance is among leading BMS solutions provider globally.
Varroc says lithium-ion battery technology has become mainstream in varied uses from personal electronics to transport and industrial applications because of the largest energy density per volume and weight it offers. BMS plays a vital role of managing the inherently unstable lithium-ion batteries by performing critical tasks such as monitoring the state of the battery, thermal management, communication with other hardware and protection by preventing it from operating outside its safe operating area.
Arjun Jain, president – Electrical & Electronics business, Varroc said, “As we’ve stated before, Varroc’s direction is to drive growth by leveraging sustainable automotive trends like the desire to be greener, safer, smarter and connected. Today at Varroc, we supply almost the entire electrical-electronic system for IC Engine. We aim to do the same for the electric vehicle. Our collaboration with Lithium Balance is another step in this direction.”
Kasper Torpe, VP – Sales & marketing, Lithium Balance said, “Our confidence in Varroc’s capabilities is accentuated by their focus on developing technologies for electric and connected vehicles in India. We are glad to have partnered with the company that shares our vision to develop technologies for greener means of transportation.”