Industry experts suggest that India needs to explore battery technologies beyond lithium-ion, which currently dominates the market due to its high energy density and quick charging capabilities.
The surge in the electric vehicle (EV) market in India underscores the importance of finding alternative battery technologies to ensure sustainability in the future.
Experts emphasize the need to diversify energy storage solutions to address concerns over limited raw materials availability for lithium-ion batteries, leading to potential production challenges and shortages.
Innovative solutions like Vanadium Redox Flow Batteries (VRFB), sodium-ion technologies, and thermo-mechanical systems are emerging as promising alternatives that could revolutionize the EV industry and support clean energy initiatives.