Overview:
India has developed Li-ion cells technology for electric vehicles (EVs), and now plans to make entire batteries (cells and packs) locally at a large scale, similar to that of Telsa’s Gigafactories. EV related Li-ion battery market is expected to grow at a CAGR more than 53.1% reaching $1.6 billion by 2025. The report estimates and forecasts, domestic market size and demand from Li-ion batteries for EVs. The report ends with giving recommendations on the next steps to be followed to drive the market growth
Table of Contents:
- Snapshot
- Key Planning Assumptions
- Benefits of Local Manufacturing
- Market Potential
- Recommendations
- Authors, Copyright, User Agreement, and Other General Information
Author: Aman Madhok
No of Pages: 10
Published Date: June 2019
