+
India's Electric Vehicle Race Against China
ECONOMY & POLICY

India's Electric Vehicle Race Against China

India's quest for electric vehicle (EV) dominance mirrors a global shift towards sustainable transportation. Amidst this pursuit, a significant narrative unfolds - an underwater race against China, the reigning giant in EV manufacturing. The stage is set for a strategic contest with profound implications for both nations and the world at large.

At the heart of this race lies the vital element of lithium, the cornerstone of EV batteries. As India ramps up its EV ambitions, securing a sustainable lithium supply becomes paramount. However, the challenge looms large as China, leveraging its vast resources, aggressively seeks to consolidate its grip on the global lithium market.

The urgency for India to establish a robust lithium ecosystem is underscored by its ambitious target of 30% EV penetration by 2030. This ambition aligns with its broader vision of reducing carbon emissions and fostering sustainable mobility solutions. Yet, the looming specter of China's dominance casts a shadow, compelling India to fast-track its efforts.

Key initiatives such as the production-linked incentive (PLI) scheme and the National Mission on Transformative Mobility and Battery Storage signify India's determination to bolster its EV ecosystem. Collaborations with countries rich in lithium resources, including Bolivia and Argentina, signal India's strategic manoeuvring to secure its lithium supply chain.

However, challenges abound, from logistical hurdles to technological dependencies. India's nascent lithium extraction efforts face teething problems, necessitating innovative solutions and strategic partnerships. The need for indigenous research and development capabilities to foster lithium extraction technologies emerges as a critical imperative.

In this high-stakes race, India finds itself at a crossroads - a juncture where strategic foresight and concerted action are imperative. The outcome of this race will not only shape the future of mobility but also redefine global power dynamics in the EV era.

India's quest for electric vehicle (EV) dominance mirrors a global shift towards sustainable transportation. Amidst this pursuit, a significant narrative unfolds - an underwater race against China, the reigning giant in EV manufacturing. The stage is set for a strategic contest with profound implications for both nations and the world at large. At the heart of this race lies the vital element of lithium, the cornerstone of EV batteries. As India ramps up its EV ambitions, securing a sustainable lithium supply becomes paramount. However, the challenge looms large as China, leveraging its vast resources, aggressively seeks to consolidate its grip on the global lithium market. The urgency for India to establish a robust lithium ecosystem is underscored by its ambitious target of 30% EV penetration by 2030. This ambition aligns with its broader vision of reducing carbon emissions and fostering sustainable mobility solutions. Yet, the looming specter of China's dominance casts a shadow, compelling India to fast-track its efforts. Key initiatives such as the production-linked incentive (PLI) scheme and the National Mission on Transformative Mobility and Battery Storage signify India's determination to bolster its EV ecosystem. Collaborations with countries rich in lithium resources, including Bolivia and Argentina, signal India's strategic manoeuvring to secure its lithium supply chain. However, challenges abound, from logistical hurdles to technological dependencies. India's nascent lithium extraction efforts face teething problems, necessitating innovative solutions and strategic partnerships. The need for indigenous research and development capabilities to foster lithium extraction technologies emerges as a critical imperative. In this high-stakes race, India finds itself at a crossroads - a juncture where strategic foresight and concerted action are imperative. The outcome of this race will not only shape the future of mobility but also redefine global power dynamics in the EV era.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?