Energizing the Future: India’s ACC landscapeMarket Status Quo and Regulatory Scenario: India’s ACC market is expected to be valued at 19.5 bln EUR by 2025, growing at 10.6% from 17.6 bln EUR in 2024, primarily driven by increasing prospects of end-use applications and government initiatives.Demand for ACC’s is expected to reach 220 GWh by 2030 making India an attractive market for battery manufacturers; however, India lacks strong presence across the battery manufacturing value-chain.Though India has expertise in pack assembly and recycling, critical material processing and electrode manufacturing competencies remain limited. Consequently, India imports most raw materials, including lithium, cobalt, and …
Solid-State Batteries: A Technological Revolution
Solid-State Batteries: A Technological Revolution Solid-state batteries (SSBs) is poised to redefine the landscape of renewable energy. Their superior energy density, enhanced safety, rapid charging capabilities, and extended lifespan make them a compelling alternative to traditional lithium-ion batteries.The realm of technology is characterized by constant innovation, making solid-state batteries (SSBs) no exception. With research and development efforts accelerating, new advancements and breakthroughs are continually emerging. This dynamic landscape presents exciting opportunities for businesses and investors alike. As AI technologies are applied to optimize battery performance and manufacturing, SSBs are poised to play a pivotal role in the transition to a …
Future of EVs in India by 2030: Opportunities and Implications for Ancillary Industries
Future of EVs in India by 2030: Opportunities and Implications for Ancillary IndustriesWith over 30 years of consulting experience across Western and Eastern Europe, Asia, and the Americas, our expertise in strategy and globalization has equipped us to analyze the burgeoning electric vehicle (EV) industry. EAC has successfully executed numerous projects in the e-mobility and battery sectors, particularly in Asian growth markets and Europe. This presentation delves into the future of EVs in India by 2030 and explores the implications for ancillary industries.Current Landscape In FY 2024, EVs accounted for 1.7 million units of total vehicle sales in India. The …