According to the National Institution for Transforming India, demand for grid storage batteries in India is expected to rise to 260-gigawatt hours (GWh) by 2030. The sodium-ion batteries market is expected to grow at a healthy growth rate because of the inherent benefits of sodium-ion batteries, the fast installation of intermittent energy sources such as wind and solar, as well as the growing acceptance of low-speed electric vehicles such as e-bikes and e-rickshaws. The global sodium-ion batteries market is projected to reach $4,368.0 million by 2031 from $528.0 million in 2021, growing at a CAGR of 25.91% during the forecast period 2022-2031. DUBLIN-(BUSINESS WIRE)-The "Sodium-Ion Batteries Market - A Global and Regional Analysis: Focus on Technology, Application, and Region - Analysis and Forecast, 2022-2031" report has been added to 's offering.
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