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Rho Motion provides actionable intelligence for the energy transition

Rho Motion offers the most comprehensive and well-informed forecasts and analysis for the energy transition. Our core assessments, databases and outlooks provide actionable intelligence on the development of electric vehicle, battery, charging and infrastructure markets. We consider the implications of government legislation and incentives, OEM and battery manufacturer strategy, in addition to raw material, technology and infrastructure costs, capital investment and consumer behaviour.

Headquartered in London, our team has expertise in vehicle markets and economics, the battery supply chain and its raw materials, as well as the impact of government legislation on OEM technology choices.

THE TEAM

Adam Panayi

Managing Director

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Charles Lester

Data Manager

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Iola Hughes

Research Manager

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Ulderico Ulissi

Battery Research Lead

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Yu (Frank) Du

China Research Lead

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Terry Scarrott

Principal Consultant

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Shan Tomouk

Senior Research Analyst

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William Roberts

Senior Research Analyst

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Mina Ha

Senior Research Analyst

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Jie (Jessie) Xu

Research Analyst

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Olatomiwa Olajide

Research Analyst

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Crispin McCutcheon

Business Development Manager

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Jason Southwell

Business Development Executive

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Alicia Bennett

Membership Manager

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Louis Spice

Marketing Manager

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Josephine Kirwan

Accounts & Administration

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Adam Panayi

managing director

Adam is the Managing Director of Rho Motion, a specialist EV and battery research and consultancy business established in 2018. He has significant experience in automotive and lithium-ion battery research as the Head of Benchmark Mineral Intelligence's consultancy business, as well as leading the Environment and Emissions research team for Integer Research (now part of Argus Media). He has worked with governments, financial institutions, raw material suppliers, battery and component manufacturers and OEMs on emissions and EV technology issues since 2012.

Charles Lester

Data Manager

Charles is Data Manager at Rho Motion working on electric vehicle, battery and charging market analysis, as well as modelling energy and commodity demand associated with the energy transition.  Prior to joining Rho Motion he was a Consultant at Argus Media working across several sectors including energy, fertiliser and emissions economics. He has worked on multiple feasibility studies for major industrial projects worth several billion dollars. Charles graduated with a First Class Honours degree in Economics, and a Master’s Degree in Economics from University College London (UCL). 

Iola Hughes

Research Manager

Iola is Research Manager at Rho Motion working on electric vehicle, battery, charging and energy storage market analysis, and has been with the company since its inception. Previous experience includes a research internship with a Servomex working on paramagnetic sensors and spectroscopy gas analysis. Iola graduated with a First-Class Honours Master’s Degree in Geophysics from University College London, with a year spent at the University of California. During her studies she was awarded the Hollingworth Prize for academic excellence.

Ulderico Ulissi

Battery Research Lead

Ulderico is Battery Research Lead at Rho Motion and is engaged in technical and commercial analysis of battery markets and technologies. Prior to joining Rho Motion, Ulderico worked at Nissan Motor Company as Battery Research Engineer. He was managing the project portfolio on next-generation energy storage technologies at the Nissan Technical Centre Europe and acting as a technical advisor/reviewer for UK Government funding agencies. Previously, he worked at OXIS Energy as Senior Scientist and Technical Lead for Horizon Europe projects. He has published 16 peer-reviewed papers and filed four patents in collaboration with several industrial partners such as BMW AG, Samsung R&D Japan, EVONIK Ind. AG and OXIS Energy. His main areas of expertise are solid-state and high energy lithium-ion batteries. He was awarded his doctorate (chemistry) in 2017 from the Karlsruhe Institute of Technology (Germany). Ulderico received his BSc and MSc degrees in Industrial Chemistry from the University of Rome "La Sapienza" (Italy).

Yu (Frank) Du

China Research Lead

Frank is China Research Lead at Rho Motion covering the Chinese electric vehicle, battery, charging, and energy storage markets. Prior to joining Rho Motion, he was an associate at McKinsey & Company working on supply chain and procurement. Frank graduated with a Distinction MSc degree in Computer Science from University College London (UCL), and a MS Degree in Finance from Johns Hopkins University.

Terry Scarrott

Principal Consultant

Terry is a Principal Consultant with Rho Motion focusing on special reports and bespoke consulting projects. He has significant experience across the energy mix; raw materials sector, lithium-ion battery supply chains, EV battery charging infrastructure and energy storage; market strategy and corporate development advisory. Terry is a trained geoscientist and worked ten years in Upstream Oil & Gas before moving into Management Consulting roles with energy majors. Terry graduated with an MBA Energy from Cranfield School of Management, having previously studied MSc Earth Sciences from Royal Holloway, MSc Petroleum Geoscience and BSc Geology at Imperial College London

Shan Tomouk

Senior Research Analyst

Shan is a Senior Research Analyst with Rho Motion, working on electric vehicle, battery and charging market analysis, as well as modelling energy and commodity demand associated with the energy transition. Prior to joining Rho Motion, Shan worked at CRU covering prices for chrome and battery metals markets. Before this, he worked as a broker and helped to develop derivatives markets for cobalt and lithium, along with trading renewable energy certificates. He holds a BSc in Economics from the University of Leeds and an MPhil in Development Studies from Cambridge.

William Roberts

Senior Research Analyst

William is a Senior Research Analyst at Rho Motion working on electric vehicle, battery, and charging market analysis. He is leading our research into EV motor technology, vehicle platforms and systems. He graduated from the University of Exeter, with first-class BSc (Hons) Physics and MSc with Distinction in Mechanical Engineering.

Mina Ha

Senior Research Analyst

Mina is a Senior Research Analyst at Rho Motion working on electric vehicle, battery and charging market analysis including consulting projects. Prior to joining Rho Motion, she was an analyst at Integer Research working on the wire & cable sector. She was also an IT and energy analyst in South Korea and Malaysia, mainly working on semiconductor and photovoltaic energy consulting projects. Mina holds a Master’s Degree in Economics from the Royal Holloway University of London.

Jie (Jessie) Xu

Research Analyst

Jessie is a Research Analyst at Rho Motion, working on Chinese electric vehicle, battery, charging and energy storage market analysis. She graduated from the University College London with a MSc degree in Geoscience.

Olatomiwa Olajide

Research Analyst

Olatomiwa is a Research Analyst at Rho Motion. Prior to joining the company, he worked as an engineer in the Oil and Gas sector. Olatomiwa has a first-class bachelor’s degree in Aeronautical Engineering from Samara State Aerospace University (Russia), where he graduated top of his class and earned the Dean’s award for academic excellence. He also has a master’s in Mechanical Engineering, graduating with distinctions from the University of Huddersfield.

Crispin McCutcheon

Business Development Manager

Crispin is Business Development Manager at Rho Motion, focusing on driving new business for the company across the energy transition.

Jason Southwell

Business Development Executive

Jason is a Business Development Executive at Rho Motion, focusing on driving new business for the company across the energy transition.

Alicia Bennett

Membership Manager

Alicia is Rho Motion’s Membership Manager acting as a key conduit to clients to ensure they are well informed about the latest analysis from our team.

Louis Spice

Marketing Manager

Louis is Rho Motion’s Marketing Manager working with our analyst and business development teams to communicate our latest analysis and product offerings.

Josephine Kirwan

Accounts & Administration

Josephine maintains the accounts and administration function at Rho Motion, and is a key point of contact for our clients.