The Daily Brief India plugs into China’s batteries
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Sep 26, 2025 Explore India's strategic partnership with Chinese battery maker CALB to boost EV adoption and the intricate plan for local manufacturing. Discover the ambitious targets set by Ashok Leyland and how this collaboration could reshape the Indian battery landscape. Meanwhile, delve into the shocking financial saga of Seacoast, where fabricated revenues were unveiled by SEBI's investigation, revealing a web of deceit in the stock market. Learn valuable lessons about investor diligence and the importance of verifying financial claims.
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India Leverages Chinese Battery Expertise
- India is partnering with Chinese battery makers to rapidly gain manufacturing know-how and plug a critical EV supply gap.
- Ashok Leyland's deal with CALB exemplifies a technology-apprenticeship route with staged localisation.
Apprenticeship Model For Battery Manufacturing
- The Ashok Leyland–CALB pact focuses first on cell supply and pack assembly training before attempting local cell production.
- The partnership is structured as a long-term investment with staged technology transfer and legal caveats.
Cells Are The Strategic Bottleneck
- India lacks cell-manufacturing expertise, while Chinese firms hold refined processes and massive scale advantages.
- Cells drive ~65% of battery cost, making cell capability the strategic bottleneck for India's EV ambitions.