Iola Hughes, Head of Research at Rho Motion, specializes in battery demand insights. She discusses the dramatic drop in battery cell prices and the implications of potential U.S. tariffs on imports. The conversation highlights the competition faced by European manufacturers, particularly Northvolt's challenges. Hughes also delves into emerging technologies like sodium-ion batteries and contrasts their benefits with traditional lithium-ion cells. Finally, they analyze the evolving electric vehicle market against the backdrop of stationary energy storage growth.

In this discussion, Iola Hughes, Head of Research at Rho Motion, sheds light on the dynamic landscape of battery technology and electric vehicles. She dives into cathode chemistry, the impressive growth of GWH, and China's standout performance in the EV market. Iola explores the EV slowdown outside China, contentious issues surrounding BYD and Tesla, and the rise of hybrids in India. With insights on sodium-ion and solid-state batteries, she offers a glimpse of the rapid evolution in the energy storage sector and the future of OEM strategies.