Why India should start considering investing in Sodium-ion battery technology, suitable application areas, and the inherent supply chain advantages. Unlike the current Lithium-ion supply chain, Sodium’s universal availability renders large-scale, cost-competitive refining feasible in almost any country with the right financial and technological muscle, write Venkat Rajaraman and Gautam Patil of Cygni Energy Private Limited . They opine that sodium-ion batteries are quite likely to supplement lithium-ion batteries as multiple battery technologies will continue to co-exist for different applications.

 

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The electric vehicle (EV) market in India is set to grow significantly in the coming years. According to a report by Bloomberg New Energy Finance, about a third of the vehicles sold in India will be electric by 2030. However, the infrastructure for repairing and servicing EVs & EV batteries is lacking. In this article we explore how this industry might possibly evolve and share our thoughts on this important topic.

 

What are the current market trends influencing the need for battery manufacturing in India?

There are two opportunities in battery manufacturing: one is for electric vehicles (EVs), and the other is for energy storage systems (ESS). Each of them stands alone as a significant portion. The Central FAME-II policy, which provides incentives to the producers of electric vehicles, is the primary demand-side driver for EVs.

 

Read more : Energy-Storage-Market

On The Economic Times for publishing, “Efficient solar-storage hybrid solutions are the need of the hour” insights by the emerging leader, Mr. Venkat Rajaraman .

Ambitious goals, concerted strategies, and a collaborative approach could help India meet its emission reduction targets while avoiding import dependency for battery packs and cells. This could help establish India as a hub for cutting-edge research and innovation, boost its manufacturing capabilities, create new jobs, and foster economic growth.

Please find below the link to the full coverage:

Read here: Economic Times

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