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India's Lithium-Ion Battery Demand to Surge by 2030

Last Update 18 November 2024

India's Lithium-ion Battery demand is set to rise sharply, reaching 54 GWh by FY27 and 127 GWh by FY30, driven by EV adoption and Renewable Energy goals. Currently, nearly all demand is met through imports, but this dependence is expected to drop to 20% by FY27 due to expanding domestic production capacities and Government Incentives.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

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