International Journal of Electrical and Electronics Research (IJEER) Open Access | Rapid and quality publishing Review Article | Volume 10, Issue 1 | Pages 23-35 | e-ISSN: 2347-470X 23 Website: www.ijeer.forexjournal.co.in A Technology Review of Energy Storage Systems ░ ABSTRACT- The transportation sector is by far the largest oil consumer making it a prime contributor to air pollution. EVs (Electric vehicles) will be beneficial to the environment and will help to alleviate the energy crisis due to their low dependence on oil and negligible emissions. Technology innovation in EVs is of significant interest to researchers, companies, and policy-makers in many countries. EVs integrate various kinds of distinct technologies where some of the important factors in considerations related to EVs are: a wide range of electrical drive configurations; advanced electronics that enable automotive innovations; meeting the challenges of automotive electronics; electrifying transportation in the future. This paper reviews the recent progress in EV technology, which consists of various motor drives applied in EV propulsion, classification of EVs such as BEV, PHEV, HEV, FCEV, and types of energy storage system with chargers, and software simulating devices. This paper also highlights the EV market with various challenges. The main findings of this research are: (1) Battery technology is the EV's bottleneck. Lithium- ion batteries for vehicles have high capacity and large serial-parallel numbers, which, coupled with problems such as safety, durability, uniformity, and cost, impose limitations on the wide application. (2) Incentives and encouragement for EV owners should be tailored to their specific needs in order to improve their socioeconomic standing. (3) Hyundai, MG Motors, Tesla, and Tata Motors appear to be the key players in India's critical subdomains of the EV market. (4) EV simulation software is necessary for vehicle design and development before the mass production of EVs. (5) PMSM has the potential to provide a high torque-to- current ratio, a high power-to-weight ratio, high efficiency, and robustness. Currently, the BLDC (Trapezoidal SPMSM) motors are the most preferred motors for electric vehicle applications due to their traction characteristics. Keywords: Distributed Generation (DG), Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Fuel Cell Electric Vehicle (FCEV), PHEV, Battery Electric Vehicle (BEV), Hardware in Loop (HIL), Multilevel Inverter (MLI), Maximum power point tracker (MPPT), Permanent magnet synchronous motor (PMSM), Brushless DC motor (BLDC). ░ 1. INTRODUCTION As the green movement increases in popularity, more and more electric vehicles (EVs) of all types, such as electric scooters, cars, buses, and cargo trucks will be on the roads in the future. Electric energy can be easily transmitted over long distances. The conversion of electrical energy to other energy forms is simple. Large-scale storage with the help of different storage devices is possible. The urban population and the registration of motor vehicles in India have increased in recent years. India has the potential to provide significant energy savings, improve energy security, reduce emissions, and alter the future demand for transportation fuels. The transportation sector consists of several industries such as airlines, railways, marine, roadways, etc., which are the world's largest oil consumers and thus the prime contributors to air pollution. In recent years, for example, this sector has contributed nearly 20% to 25% of global Greenhouse Gas (GHG) emissions. Figure 1 shows the generalized diagram of the electric vehicle powertrain. The Indian government has accomplished resolving New Delhi’s air pollution concerns through a motivated policy of shifting 100% of the light-duty consumer transportation vehicles to EVs by the year 2030. The popularity of EVs will significantly benefit the environment and reduce energy crises. Hence, electric vehicles can be called the future vehicles of the world. The impact of EVs on the power grid results in compromising the grid reliability, overheating of transformers, and power quality issues that include voltage-related problems such as voltage sag, swell, unbalance, and current-related problems such as harmonics and low power factor [1]. A Technology Review of Energy Storage Systems, Battery Charging Methods and Market Analysis of EV Based on Electric Drives Sachin B. Shahapure 1 , Vandana A. Kulkarni (Deodhar) 2 , Sanjay M. Shinde 3 1 Research Scholar (ADF), EE Dept., GEC Aurangabad, Maharashtra, India, sachinshahapure186@gmail.com 2,3 AP, Department of Electrical Engineering, GEC Aurangabad, Maharashtra, India, kul111@rediffmail.com 2 , sanjayshindekansurkar@gmail.com 3 *Corresponding Author: Sachin B. Shahapure; Email: sachinshahapure186@gmail.com ARTICLE INFORMATION Author(s): Sachin B. Shahapure, Vandana A. Kulkarni (Deodhar) and Sanjay M. Shinde; Received: Nov 16,2021 Accepted: Mar 09, 2022 Published: Mar 30, 2022 ; E- ISSN: 2347470X; Paper Id: 0122SI-IJEER-2022-04; Citation: doi.org/10.37391/IJEER.100104 Webpage-link: www.ijeer.forexjournal.co.in/archive/volume- 10/ijeer-100104.html Publisher’s Note: FOREX Publication stays neutral with regard to jurisdictional claims in Published maps and institutional affiliations.