In Short : India’s energy storage sector is witnessing unprecedented growth, with 102 GWh of tenders issued in 2025 alone. This surge reflects strong policy support, rising renewable integration, and falling battery costs. With total storage capacity projected to reach 346 GWh by 2033, the country is rapidly building the backbone needed for a reliable, […]
Electric vehicle market share set to exceed 50% from 2033, battery demand to plateau at 20 TWh in mid-2040s
The market penetration of electric vehicles is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for both transportation and grid storage. Rystad Energy’s latest Energy Transition Report reveals that the share of EVs in global new passenger car sales is set to quadruple […]
