General

▰Li-ion battery market expected to grow 135GWh by 2030 at the rate ▰Government regulation
of 35.5% CAGR
▰Government plan to have charging point every 25km ▻There are no current regulation for Li-ion battery
▰Ola, Uber, Zoom car extending EV portfolio ▻No licence required till now
▰SIAM proposed incentives, Tax reduction on EVs to 5% from 12% ▰Risk
▰Improvement in Lithium battery performance in recent years ▻Charging station near petrol pump can lead to fire hazard
▰China will leads in lithium ion battery production by 2020 with 62% ▻Different plug
▰Lithium battery disposal
market share, followed by South Korea having 22% and USA with
13%
▻Currently no regulation according to India’s Batteries Rules 2001, Under
▰ Major manufacturing capacity held by LG Chem with 17GWh, BYD
Environment Protection Act, 1986
▻Lithium from recycled batteries can be used for non-battery application
having 16GWh, Panasonic with 8.5GWh and AESC with 8.4GWh ▻Large quantity can be shipped to hazardous facility for incineration

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Source: https://www.businessinsider.com/china-is-leading-the-charge-for-lithium-ion-factories-2017-2?IR=T
 General

▰ The major problem that India is facing regarding adoption to EV is

lack of charging infrastructure available.
▰ Other concern is regarding the safety associated with the battery
technology
▰ Indian customer are not anxious about the range of EVs as of now
▰ With the recent improvement in battery technology and exploration on
different battery alternatives may change the demand of EVs
▰ Major OEMs have at least one EV in their portfolio as of 2019
▰ Major companies are exploring opportunities in India to set up facility
for assembly/manufacturing of Li-ion batteries

Source: https://m.economictimes.com/industry/companies-line-up-plans-for-li-battery-production/articleshow/66946557.cms