IGPI was proud to participate in The Battery Show Asia 2026, held at AsiaWorld-Expo in Hong Kong from 10–12 March 2026. Organized by Informa Markets, the event is a premier platform for the global battery, energy storage, and e-mobility ecosystem.
The event attracted over 20,000 industry participants and more than 350 exhibitors, showcasing 1,000+ technologies across the entire battery value chain—from raw materials and components to systems integration and recycling solutions.
Key highlights included:
| ▸ | Strong cross-border collaboration between Asian and Western companies, including deep-dive technical sessions on next-generation battery chemistries and manufacturing |
| ▸ | Participation from industry leaders such as Contemporary Amperex Technology Co. Limited (CATL), Wuxi Lead Intelligent Equipment, and the Nano and Advanced Materials Institute, alongside a wide range of emerging technology providers |
| ▸ | Co-located events: Energy Storage Asia and Mobility Tech Asia, enhancing deal-making across EVs and grid storage |
| ▸ | Dedicated ASEAN pavilions, showcasing regional innovation and partnerships |
The event highlighted several accelerating technology trends shaping the global battery industry.
Solid-state batteries and sodium-ion chemistries are gaining traction as alternatives to lithium-ion, particularly for cost-sensitive and stationary storage applications.
At the same time, AI-driven manufacturing, digital twins, and advanced battery management systems are improving efficiency, safety, and lifecycle performance.
Fast-charging technologies and megawatt-scale EV charging infrastructure are also advancing rapidly, supporting electrification beyond passenger vehicles into trucking, maritime, and even eVTOL (electric vertical takeoff and landing) segments.
However, the industry faces structural challenges. China’s battery overcapacity continues to pressure margins globally, driving consolidation and aggressive export strategies. Meanwhile, policy uncertainty—such as Europe’s evolving stance on internal combustion engine (ICE) phase-outs—creates mixed demand signals for automakers and suppliers. Access to critical minerals like lithium, nickel, and rare earths remains a strategic concern, pushing governments and companies to diversify sourcing and invest in recycling and circular supply chains.
Battery logistics and recycling emerged as key themes, with growing emphasis on second-life applications and closed-loop systems. New business models—such as battery-as-a-service (BaaS), leasing, and energy storage-as-a-service—are reshaping revenue streams. Finally, growth opportunities are increasingly shifting beyond China and Europe. Markets like India, Thailand, and Malaysia are attracting investment due to favorable policies, rising EV adoption, and their role as alternative manufacturing hubs in a diversifying global supply chain.
IGPI actively participated in the conference with a dedicated booth, engaging industry stakeholders on strategy consulting and investments in areas such as EV manufacturing, battery storage and battery technology.
Shivaji Das, Managing Director of IGPI Singapore, also served as Chairperson for the track: Market and Investment Forums: Battery and E-Mobility Investment Forum.
The session focused on commercialization pathways for AI in the battery industry and their relative Technology Readiness Level (TRL).
Highlighted use cases included:
| ▸ | AI-driven testing to accelerate R&D for new battery materials |
| ▸ | Digital twins for optimizing manufacturing and quality assurance |
| ▸ | AI-enabled recycling systems to improve material recovery and ecosystem visibility |
The session also identifies the challenges involved in scaling these use cases, including integration complexity and ROI realization. IGPI shared how its recent work have helped clients create business models and partnerships to overcome these challenges, helping organizations transition from pilot projects to profitable deployment while improving ROI.
To find out more about how IGPI Group can provide support for businesses, browse through our insight articles or get in contact with us.
Shivaji Das, Managing Director of IGPI Singapore
Shivaji has over 20 years of strategy consulting experience, specializing in New Business Models, Innovation Roadmaps, and Sustainability Journeys. He has worked with private and public sector clients across 25 countries in sectors like Technology, Semiconductors, Chemicals, Healthcare, Renewable Energy, and Construction. Previously, Shivaji was a Partner and Managing Director-APAC at Frost & Sullivan. His paper on Artificial Intelligence was presented at CAINE-2000 in Hawaii, USA. He is the author of seven acclaimed travel, art and business books including The Visible Invisibles and Rebels, Traitors, Peacemakers (both Penguin Random House), as well as The Great Lockdown: lessons learned during the pandemic from organizations around the world (Wiley, USA).
He is an alumnus of IIT Delhi and IIM Calcutta.
IGPI Group is a Japan rooted premium management consulting & Investment Group headquartered in Tokyo with a footprint in Osaka, Singapore, Hanoi, Shanghai & Melbourne, as well as parts of Europe and India. The organization was established in 2007 by former members of the Industrial Revitalization Corporation of Japan (IRCJ), a USD 100 billion sovereign wealth fund focusing on turn-around projects in Japan. IGPI Group has 13 institutional investors, including Nomura Holdings, SMBC, KDDI, Recruit & Sumitomo Corporation to name a few. IGPI Group has vast experience in supporting Fortune 500s, Govt. agencies, Universities, SMEs and funded startups across Asia and beyond for their strategic business needs and hands-on support across a wide variety of industries. IGPI group has ~8,500 employees on a consolidated basis.
* This material is intended merely for reference purposes based on our experience and is not intended to be comprehensive and does not constitute as advice. Information contained in this material has been obtained from sources believed to be reliable, but IGPI does not represent or warrant the quality, completeness, and accuracy of such information. All rights reserved by IGPI.
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