Why should India look beyond Lithium ion and Cobalt for EV battery?
The truth is, though, that EV batteries have a tiny percentage of lithium. The main metal in these powerhouses is actually cobalt. So, while everyone’s been in an uproar over lithium investments, cobalt has gone mostly under the radar — even while it’s the most important part of those batteries… and while demand has been skyrocketing.
One source of imports should not make way for next set of imports.
India’s current source of Lithium is : Imports
India’s demand of Lithium will be : 3.5 lakh tonnes per year
India will be importing Li worth : 25 % increase yoy growth from 2019
This will be hostage situation again like we are due to Oil Imports.
Alternate sources of power for EV
metal hydride
zinc air,
sodium air
nickel zinc