🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

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 Replies

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 Reply

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 Reply

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

Recommendations from Medial

Neoshy Singh

Student • 1y

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

8 Replies

Mahendra Lochhab

Content creator • 4m

China accounted for nearly 40% of global EV exports in 2024.

Vishu Bheda
•

Medial • 8m

𝗕𝗬𝗗 𝗶𝘀𝗻'𝘁 𝗷𝘂𝘀𝘁 𝗯𝗲𝗮𝘁𝗶𝗻𝗴 𝗧𝗲𝘀𝗹𝗮 - 𝗶𝘁'𝘀 𝗵𝘂𝗺𝗶𝗹𝗶𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲𝗺: • Sold 4 Million EVs in 2024 (Twice that of Tesla) • Tesla, Ford, and Toyota fight over its batteries • Warren Buffett invested $232M for a 10% stake How

15 Replies

Anonymous

Hey I am on Medial • 1y

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

3 Replies

Anonymous

Hey I am on Medial • 1y

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

3 Replies

VCGuy

Believe me, it’s not... • 1y

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

Shubham Khandelwal

Software Engineer • 1y

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.

6 Replies

EVINDIA

Stay updated with th... • 5m

India’s EV Sector Seeks Govt Help as China Curbs Rare Earth Magnet Exports India’s auto industry is raising alarms after China imposed stricter export controls on rare earth magnets, critical for EV motors and components. With over 90% dependency o

1 Reply

Avi

Doo din ka mehman ho... • 5m

🟣China’s Rare Earth Metal Drama Hits India 🌏 - India’s getting caught in the global rare earth metal debate. - Sona Comstar, an Indian company, got banned from importing magnets from China. 🚫 - This is a big deal because China contr

3 Replies

Mahendra Lochhab

Content creator • 2m

The number of public EV charging stations has grown rapidly, reaching 26,367 in early FY25, but the goal is to have a total of 3.9 million charging stations by 2030.