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How India is racing to build a homegrown Li-ion battery industry
Eager to avoid dependence on an external power like China, the South Asian nation is rapidly putting in place the pieces required to build a homegrown Li-ion cell and battery industry.
17 Oct 2024
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Experts across the industry are unanimous about the need for local manufacturing of cells
As the world pivots towards sustainable energy solutions, India stands at a crucial crossroads. With ambitious goals to slash carbon emissions and a burgeoning electric vehicle (EV) market, the country faces a critical challenge: establishing a robust, domestic lithium-ion battery manufacturing ecosystem.
Currently, India's EV dreams are powered largely by imported batteries from China, Japan, and South Korea. However, this dependence on foreign technology and supply chains is set to change dramatically. Driven by government initiatives and substantial private sector investments, India is poised to become a major player in the global lithium-ion battery market.
This shift isn't ...
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