Battery Innovations and Market Dynamics in India

This chapter explores the development of lithium iron phosphate and sodium ion battery manufacturing in India, focusing on challenges and market dynamics within the electric vehicle sector. It highlights the competitive strategies of OEMs like Hyundai and Kia, as well as the current advancements and outlook for solid-state battery technologies. Additionally, the chapter discusses the rapid growth of the energy storage market, emphasizing its potential impact on renewable energy solutions.