Singing With Maria Group

The market for "secondary batteries" (rechargeable batteries, primarily Lithium-ion) is a high-growth sector driven by three megatrends: Electric Vehicles (EVs), renewable energy storage (Grid/Solar), and consumer electronics.

Here is an overview of major companies and different sub-sectors within the secondary battery space, covering both global and prominent Indian players.

Technology Risk: The battery sector is evolving quickly (e.g., from NMC to LFP, and the potential of Solid-State). A company's future success depends on its ability to adapt and invest in competitive chemistry.