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Lithium-ion Battery Manufacturing in India: Revisiting Missing Links

Summary by wri.org
Lithium-ion Battery Manufacturing in India: Revisiting Missing Links jay.desai@wri.org Wed, 05/07/2025 - 10:54 India's lithium-ion battery (LIB) market is experiencing rapid growth, with annual demand expected to increase from 10.8 GWh in 2022 to 160.3 GWh by 2030. Currently, this market is heavily import-dependent, with imports rising from $384.6 million in 2019 to $2.8 billion in 2023. To reduce this reliance, India is ramping up the domestic …

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wri.org broke the news in on Wednesday, May 7, 2025.
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