Ola Electric’s home inverter play has a chemistry problem

“For businesses looking to scale lithium-ion inverter/storage products, LFP often offers the best balance between safety, longevity, and cost. Other chemistries may still suit niche use cases, but LFP is increasingly becoming the mass-market chemistry of choice for stationary storage,” said Harshvardhan Sharma, group head of automotive technology and innovation at Nomura Consulting.