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Lithium: India's Quest for White Gold

The Morning Brief

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The Challenges to Domestic Manufacturing of Lithium Ion Cells

Lithium is the most important metal for storage and so battery technology. India has not set up even a single factory to make lithium ion cell. The price of lithium has in last two years have been climbing up but cost of lithium ion cell has been climbing down. By 2030 we're looking at something like 70 gigawatt hour hours lithium ion cell production facility to be created in India. Help me understand can technological innovation help us manage the demand for lithium without compromising performance of NU's application or product? Oh yes, I think there will be action that's going to take place over the next seven years.

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