Aqueouss aims to provide the very best in the market batteries to the shoppers and is also educating individuals about the pros and cons of lithium battery and the excellent way in which the batteries shall be applied. The firm has been offering Lithium ion and LiFePo4 Battery packs for electric autos, electric automobiles, solar power, customer electronics, Railway and also Defence equipments.
Aqueouss has been into lithium-ion battery manufacturing for about 4 years now. Currently supplying customised Lithium Battery pack remedy in the market place, Aqueouss has been offering Lithium ion and LiFePo4 Battery packs for electric autos, Solar Energy , Consumer Electronics and Railway and also Defence equipments. The firm claims that in order to make certain higher requirements of good quality, the manufactured variety of Li-Ion Battery and Life P04 Battery is procured from trusted and reputable vendors of the market. Furthermore, Aqueouss aims to provide the very best in the market batteries to the shoppers and is also educating individuals about the pros and cons of lithium battery and the excellent way in which the batteries shall be applied. TheSpuzz lately had an interaction with Vibhhas Verma, Founder, Aqueouss and right here are the crucial takeaways.
TheSpuzz – Please give us a short about the firm and its items?
Vibhhas – We provide customized Lithium Battery pack options for a variety of industries in India. We at Aqueouss presently specialize in offering Lithium battery packs for electric automobile (2 wheelers and 3 wheelers ), Solar, Consumer Electronics, Robotics, Unarmed autos, telecom, and Energy System Storage. The firm correct now bargains in two varieties of Lithium batteries 1) NMC and 2)LiFePo4.
What is Aqueouss’ present presence in India and what are the future expansion plans?
Aqueouss has a decent presence in pan India. We have been offering lithium battery packs for the final 4 years and have maintained our relationships with most of our shoppers. We are a firm that believes in supporting and getting transparent with the client, through our journey so far we have usually attempted to make the client advantage by understanding their demands and then designing the battery pack as per that. We have usually ensured that we use A good quality raw material and stick to quite strict good quality evaluation ahead of dispatching the battery packs from our unit.
There are a lot of expansion plans that we have been preparing for the final 6 months some will go into execution in 2021 and some later.
We are presently in talks with some individuals that are quite substantially interested in our future plans and want to get on board.
What are the present retail platforms by means of which you are promoting your items?
At Aqueouss we make all the sales by means of our sales group primarily based out of Delhi . Since we are in a B2B market place on the web retail alternatives are not substantially of a appropriate solution for us, even so, we have registered Aqueouss at a variety of B2B portals which support us raise our brand visibility and also provide us with some very good small business leads. .
What are the warranty Insurance alternatives at Aqueouss?
The warranty that we provide on a battery pack depends on the following variables :
1. What is the application?
2. Which varieties of a Lithium battery pack is essential? NMC or LiFePo4
3. What is the specification of the item?
4. What is the design and style essential by the client
And a handful of other technical parameters.
We have particular terms and situation for the warranty which are created quite clear to the client. There is a total method that we stick to after the battery comes back to us below warranty. We stick to 3 days return policy which suggests after the battery pack enters our facility it has to be tested, repaired, and couriered back to the client ahead of the 3rd day ends.
In our market, we have got a return price of much less than 1% which is by far a single of the very best in the Industry.
Aqueouss is also working on creating some components which are integral for the functioning of lithium batteries in the property in India to cut down the dependency on China. Can you shed some light on that?
Yes, we are working on a handful of points but it is in the quite initial stage.
What percentage of localization is there in Li-ion and LiFePo4 battery packs that you are manufacturing?
To be quite sincere the most vital raw material of a Lithium Battery pack I.e. Lithium cells is not manufactured In India correct now. So then we are only left with Battery management technique and the packaging material .The packaging material is one thing which is also imported to reduce down the expenses and so on. We are nevertheless attempting and working on points to cut down our dependency on China. In the Long run, we do program to get into cell manufacturing but a lot has to be performed ahead of that.
What is the manufacturing capacity and how lots of batteries have been delivered till date from your finish?
We have very good manufacturing capacity. We have delivered more than 20000 batteries across a variety of industries. We have been working and program to raise our manufacturing capacity by double in the 1st quarter of 2021.
EVs can now be sold with out batteries. Do you see that as an chance? Also, your thoughts on this move by the Government?
Every policy/ selection has its pros and cons so does this. I think this policy shows how determined the government is in advertising the adoption of electric autos The Lithium batteries are the heart of EV’s and contribute to close to about 50% of the price of the automobile. This policy is a big chance for us and we are keen on using it. This policy will take time to come into execution as Battery swapping stations and battery rental services are but to come into the image in the Indian market place. We are preparing to get into the battery-swapping station and battery rental services. Along with this policy, we had been also expecting GST on batteries to be lowered from 18% to 5%.
Going forward, what is your vision and targets for the Indian market place?
The vision we have is quite clear to be in the best 3 Lithium battery producers inside the subsequent 3-5 years. The lithium market is increasing at a quite quick price and is anticipated to a single of the quickest-growing industry in the coming years, so we have been quite aggressive in setting our targets and attaining them. The big target is to establish ourselves as a Lithium Conglomerate
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