Founded in 1994 in Hangzhou, Narada Power Source Co., Ltd. is a leading global battery manufacturer specializing in lead-acid and lithium-ion technologies. Serving sectors like telecommunications, renewable energy, and electric transportation, Narada operates in over 150 countries with strong R&D capabilities and advanced battery solutions.

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Narada, established in 1994 in Hangzhou, China, has developed into a significant manufacturer in the global battery industry. Operating as Zhejiang Narada Power Source Co., Ltd., the company designs, produces, and distributes various battery types, including lead-acid and lithium-ion solutions. Their products serve essential sectors such as telecommunications, electric power, railways, and renewable energy installations.

With over 200 research professionals and advanced facilities in Linan, Hangzhou, Narada maintains strong technical capabilities. The company’s distribution network spans more than 150 countries, supported by operations in Argentina, Malaysia, the Philippines, Singapore, the United Kingdom, and the United States.

Battery Technology

Narada specializes in multiple battery technologies that address different market needs. Their lead-carbon batteries serve large-scale energy storage projects, offering reliable performance for peak shaving and off-grid wind power systems. The company’s lithium-ion battery line supports energy storage systems, electric vehicles, and data centers, with specific solutions for two-wheel and three-wheel electric transportation.

The company has achieved significant progress in solid-state battery development through collaboration with Talent New Energy. Their research programs have produced high-energy-density solid-state lithium batteries in 10Ah and 20Ah capacities, implementing advanced surface coating modifications and dry-process dense electrode forming techniques.

Narada’s product portfolio includes specialized VRLA (Valve-Regulated Lead-Acid) batteries for backup power applications. These systems integrate with their battery management systems (BMS), which received IEC/UL 60730 certification, demonstrating their commitment to safety standards.

Recent Projects

In late 2024, Narada signed a strategic agreement with Talent New Energy to advance solid-state battery applications. Their Zhejiang Provincial Key R&D Program successfully developed high-energy-density solid-state lithium batteries and established a pilot manufacturing line. The company also marked thirty years of expertise in data center backup power solutions, introducing high-voltage lithium battery products for large-scale data centers globally.

Investors

The company’s ownership structure includes retail investors holding approximately 56% of shares, institutional investors with 27%, and private companies controlling 11%. Notable shareholders include Qing Zhi Zhou (9.083%), Zhejiang Enjoy Investment Management Co., Ltd. (3.357%), and Basic Pension Insurance Fund 1205 (2.433%). Additional significant individual investors include Yi Lan Zhao and Bao Yi Zhu, each maintaining roughly 1.58% ownership.

Business Details

Location: No. 822 Wen’er West Road, Hangzhou, Zhejiang Province, China
Website: https://narada.cn
LinkedIn: https://www.linkedin.com/company/3995911

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