International Battery Company (IBC), established in 2022 in Milpitas, California, specializes in manufacturing high-performance prismatic lithium-ion batteries. The company focuses on developing advanced Nickel Manganese Cobalt (NMC) cells, designed specifically for electric mobility and energy storage applications. IBC’s products stand out for their exceptional energy density, extended lifecycle, and fast-charging capabilities, making them particularly suitable for electric vehicles operating in challenging conditions. With manufacturing facilities in South Korea and planned expansion into India, IBC is positioned to serve global markets while maintaining a strong focus on local production and supply chains.
Battery Technology
IBC’s primary innovation lies in its Prismatic Li-ion NMC batteries, engineered to deliver superior performance in diverse operating conditions. These cells incorporate advanced materials and manufacturing processes that result in higher energy density compared to traditional lithium iron phosphate batteries. The technology enables fast charging while maintaining safety and reliability, with warranties extending from 7 to 10 years.
- 2025: Introduction of Phosphate Cathode cells, offering cost-effective solutions
- 2026: Silicon Anode cells, enabling ultra-fast charging and increased range
- 2027: Enhanced I-NMC Cells, featuring extended warranties and improved temperature tolerance
- 2029: Solid-State and Sodium-Ion batteries, providing enhanced safety features
IBC’s manufacturing process utilizes a “copy exact” model, ensuring consistent quality across production facilities. The current 50 MWh facility implements strict quality control measures and advanced testing protocols to maintain product excellence.
Recent Projects
In late 2024, IBC initiated construction of a Rs 390-crore gigafactory near Bengaluru airport, India. This facility will manufacture lithium-ion batteries for electric two and three-wheelers, with operations scheduled to begin within nine months. The project will create 300 direct jobs initially, with 20% of production designated for export to U.S. and European markets.
The company also introduced its first commercial product in October 2024, featuring high-performance prismatic cells specifically designed for mobility and storage applications. These developments represent significant steps toward establishing India’s first large-scale cell-manufacturing facility.
Investors
IBC has secured substantial financial backing through its Pre-Series A funding round, led by RTP Global. Additional investors include:
- Beenext
- Veda VC
- Strategic Korean and U.S. investors
- Global Energy Ventures
- GreenTech Innovations
The company has established strategic partnerships with prominent electric vehicle manufacturers, including Ather Energy, Euler Motors, and Hyundai. A collaboration with EV charging technology startup Exponent Energy further strengthens IBC’s position in the electric mobility sector.
Business Details
Location: Milpitas, California, USA
Website: https://ibcbatt.com
LinkedIn: https://www.linkedin.com/company/international-battery-company
