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India EV Battery Demand to Hit 200 GWh, Surge 10x by 2032: IESA
Published : May 14, 2026, 5:09 pm IST
Updated : Jun 6, 2026, 8:47 pm IST
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According to the India Energy Storage Alliance, battery demand in the country could grow nearly tenfold to about 200 GWh by 2032, compared to around 20 GWh in 2025. File Photo.
According to the India Energy Storage Alliance, battery demand in the country could grow nearly tenfold to about 200 GWh by 2032, compared to around 20 GWh in 2025. File Photo.

The findings will be presented at the 12th India Energy Storage Week in New Delhi scheduled for July 8–10.

India’s electric vehicle sector is expected to undergo a structural shift over the next decade, with industry estimates pointing to a sharp rise in demand for batteries and a stronger focus on domestic manufacturing capabilities.

According to the India Energy Storage Alliance, battery demand in the country could grow nearly tenfold to about 200 GWh by 2032, compared to around 20 GWh in 2025. The projection reflects the expanding scale of electric mobility adoption in India.

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The industry body, citing a study prepared with Customised Energy Solutions, said the next phase of EV growth will depend less on vehicle sales alone and more on the development of a complete local supply chain. This includes components such as batteries, motors and power electronics, along with integrated manufacturing systems.

The findings will be presented at the 12th India Energy Storage Week in New Delhi scheduled for July 8–10, where stakeholders are expected to discuss energy storage technologies and industrial readiness.

Experts associated with the report noted that India’s EV ecosystem has now moved beyond its early policy-driven phase into a broader industrial transformation, where localisation and technology development will be key growth drivers.

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India Energy Storage Alliance chairman Debmalya Sen said future expansion will be driven by domestic production capacity, innovation in battery technologies and stronger supply chain integration.

The study also estimates that India recorded over 2.5 million EV sales in 2025, with two-wheelers and three-wheelers forming the bulk of adoption.


 

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