India’s Lithium Discovery: Will It Be A Game Changer For The EV Industry?
India is actively working towards building sustainable mobility and has set a target of 30% EV sales by 2030. And to achieve this, the government has launched subsidy schemes, incentives, and tax rebates. For the last many years, India has depended on other countries for raw lithium and lithium-ion cells, which automatically increases the cost of EV production in India. The higher cost of EVs is one of the major hurdles obstructing the way...