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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.
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.