Sparking the EV supply chain: India trying to reduce dependence on China

The government and private manufacturers are exploring ways to reduce dependence on China for the supply and mid-stream refining of battery raw materials

Can India secure the global raw materials that go into the lithium-ion batteries that power the country’s surge in electric vehicles (EVs) when China rules the supply chain?

China, with which economic relations have been complicated by a long-running border dispute, controls a staggering 85 per cent of the global raw material capacity and dominates midstream refining of key raw materials from lithium and cobalt to manganese.
 

Like the US and Europe, the Indian government is getting its act together with other stakeholders to significantly reduce if not end its dependence on China.
 

Though critics say India has missed the