Altris AB x Tiamat Comparison: Sodion Energy

Sodion's target market is unglamorous but enormous: India's two-wheeler segment sells 20 million units a year at prices under $2,000, and Sodion has built specifically for it. Its oxide-based cells deliver 120 to 140 Wh/kg at the pack level and outperform the average lithium-ion pack on thermal tolerance in tropical heat, while a cell-to-pack design that eliminates modules entirely undercuts even Altris's modular approach on cost for urban ranges of 80 to 150 km. Piloted at 100 MWh in Bengaluru and backed by India's PLI incentives plus agreements with three OEMs, Sodion has a home-market advantage that Tiamat's European focus can't reach.