Sodium-ion batteries are slowly finding their way into the Electric Vehicle (EV) market as lithium-ion batteries have turned out to be too costly for lower-priced EVs due to the difficulty in mining the metal.
With an energy density profile similar to that of lithium iron phosphate or LFP batteries, several companies have started looking at this emerging technology as a cost effective and eco-friendly way of meeting the electrification needs of India.
This could add to the momentum that the Indian auto market has already seen in terms of electrification. India seeing a proliferation of EV models launched by both major automakers as well as start-ups and new entrants.
DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. Deregallera is a subsidiary of DG Innovate.
