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Neoshy Singh

Student • 1y

Boom of EV and how can India beat it's competition? (Part-3) Before jumping into India's role in EV revolution, we need to understand current market leader i.e. China. So china has stacks in world's biggest hard rock lithium mine - Green Bushes Mine in Australia and second largest share holder in Chilean mining company - SQM Co. In addition, China's Ganfeng Lithium Co. controls 51% Argentinan Lithium project and they invested in Bolivian Lithium reverses. In total, China control over $1 trillion supply market of lithium which itself is a big deal. Secondly, they have refining capabilities which any other country does not have it yet. In total, they control 60% of the global lithium refining capabilities and manufacture 75% (148/200) of the total batteries. So the question over here is - why does the world let China dominate this market? We could have recycled it and resell it. The reason is there recycling capabilities which is 66% in total.

5 replies8 likes

Replies (5)

Nawal
•

SELF • 1y

China can provide cheap labour for these kind of stuffs . Im sure that's the reason and many other political reasons which are not available in public domain 👀.

1 replies

Anonymous 1

Hey I am on Medial • 1y

We have found a lithium mine in India too (Ladakh). That will help the EV revolution.

1 replies

Giggity

Memes,games, startup... • 1y

Lol Chinese government give subsidies to its car manufacturers and car manufacturers can cut prices of their cars byd got 2 or 3 billion dollar worth of subsidies

0 replies

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Boom of EV and how can India beat it's competition? (Part-2) Well in any industry, there is a start product which makes up the most of the system, here we have lithium which is used to make cathode of the battery. Here location where lithium is fo

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Anonymous

Hey I am on Medial • 11m

🤯 WTF ! Is there is any compression ? 🇨🇳 Total businesses in china is - 169 million 🇮🇳 Total businesses in India - 2.6 million

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Anonymous

Hey I am on Medial • 11m

India is fighting with china in cobalt race . China is influencing Shri Lanka for cobalt rights and that's why Shri Lanka is now fighting with India. China is using his money power and influence to takeover this massive cobalt tresure . Reports a

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India is not far from a thriving EV Ecosystem. ⚡️Start-ups today are truly tackling challenges head-on with India-centric solutions: - We don't have the charging infrastructure: (1). Battery Smart and ChargeUp building India’s largest battery sw

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China's dominance in the Solar Panels Supply Chain. What can India do to emerge as an option in Solar Panels market to compete with China? As we have one of the largest reserves of Lithium which was found in J&K last year.

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India is the second-largest exporter of tea in the world, after China. India's tea exports are mostly black tea, which accounts for about 96% of the total.

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