Intellectual Thoughts by Sanjay Panda: Lithium finding in India , EV industry Charged Up..


Lithium finding in India , EV industry Charged Up..

As India gears up to boost electric vehicle (EV) adoption, the massive find of lithium reserves in the country has built up  excitement , hope of self-Reliance & brightened up the prospects for the country in the field of EV battery cell manufacturing. 

According to the Council on Energy, Environment and Water (CEEW), the country will require USD 4.5Billion of investment to meet its domestic lithium-ion battery manufacturing target of setting up 50 GWh of lithium-ion cell and battery manufacturing plants. India's lithium cell production is projected to be 900 GWh by 2030.  

 "The 5.9 million tonnes of lithium reserves found in J&K, If completely extracted and converted into battery-grade Lithium  salts can support up to  great extent   though  the   details about quality, nature etc are yet to be fully established.

Lithium is  the lightest  metal & lightest  solid element . Being highly reactive   not found in its elemental form.  Mostly found in concentration with other materials in the form of oxides and carbonates. Extracting & converting the raw lithium to battery-grade lithium calls for a series of refining processes some of  technology are not available  in India. Very few Global companies  have  such expertise  and being doing this for decades.  

Though the EV penetration in India  till 2020  was very small , the EV penetration in India is slowly but steadily increasing, especially in the e-scooter segment. Now, the four-wheeler manufacturers have also joined the bandwagon,  specially Tata Motors  , M&M pushing India's aim to significantly cut the dependency on traditional fuels and internal combustion engine-driven vehicles by 2030.  

The slogan EV30@30  which means ,  the government expects the EV sales penetration to be 30 per cent by 2030. for private automobiles. 70 per cent for commercial vehicles, and 80 per cent for two and three-wheelers, which would not only reduce the country's oil import bills in the longer term, but also ensure a cleaner environment.  

The discovery of Lithium is vital as it comes at a time when India is going all out for a green transition in transportation,, where electric vehicle adoption has become a national priority..

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