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In the worldwide push for sustainability, lithium has been a key ingredient facilitating the transition to zero-emission energy use. Lithium-ion batteries boast a high voltage per cell ratio and have a lower impact than lead-acid batteries. The growing global demand for lithium-ion (Li-ion) batteries poses a challenge for India, a country that relies heavily on imports for lithium and Li-ion batteries. As analysts grow concerned about a potential world-wide lithium supply crunch, what can India do to secure its future lithium needs? This paper discusses the current market for Li-ion batteries in India, recent developments in global lithium supply chains and the channels India may use to secure lithium.
By IMA IndiaIn the worldwide push for sustainability, lithium has been a key ingredient facilitating the transition to zero-emission energy use. Lithium-ion batteries boast a high voltage per cell ratio and have a lower impact than lead-acid batteries. The growing global demand for lithium-ion (Li-ion) batteries poses a challenge for India, a country that relies heavily on imports for lithium and Li-ion batteries. As analysts grow concerned about a potential world-wide lithium supply crunch, what can India do to secure its future lithium needs? This paper discusses the current market for Li-ion batteries in India, recent developments in global lithium supply chains and the channels India may use to secure lithium.