SABIC committed to long term EV development, making significant investments in India

Dhanendra Nagwanshi, global electrification leader at SABIC USA, is making significant investments in India. "We have been continuously investing in expertise and contributing to this journey of electrification from our side," Nagwanshi said at the EV Conclave panel discussion 'Building the supply chain (battery systems, EV drivetrains),' organised by Autocar Professional and the Government of Tamil Nadu. 

Nagwanshi is of the opinion that apart from rare earths, India does not face any significant challenges in the context of materials required for manufacturing the EVs.

SABIC, which has a global presence has been focusing on developing and supplying thermoplastic materials and expertise to auto companies.

Sabic's product portfolio includes resin,  polycarbonate products, and other engineering plastics such as long glass fiber polypropylene, and other polyolefin materials.  Nagwanshi continued that his company is looking to increase its production for circular products to 1 MMT by 2030. 

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