Lithium Ion Battery Sector Looks to Development in India, an Industrial Info Market Brief
Attachment: Idia Lithium
As India plans to become a major producer of electric vehicles in coming years, demand for lithium ion batteries is expected to rise. India must now rely on batteries imported from China, but plans are underway to build up local battery production capacity.
Industrial Info is tracking nine lithium ion battery projects in India worth $5.35 billion.
