While China has an advantage in lithium battery production, India could become competitive by having better strategy in its production regime. Elaborate (200 Words)
Refer - Livemint
Enrich the answer from other sources, if the question demands.
IAS Parliament 5 years
KEY POINTS
· More recently, Lithium-ion batteries have been busy liberating the transportation industry. While batteries constituted half the total cost of an electric vehicle a few years ago, they now account for only a third.
· A combination of new sources of lithium supply, innovations in mining technology, manufacturing improvements, economies of scale and battery management systems are contributing to the declining costs of these batteries.
· Chinese companies dominate the lithium-ion battery industry, from extraction of the mineral to exports of cells and batteries. While not quite the Saudi Arabia of lithium—Australia and Chile are bigger producers—Chinese firms currently control almost half the global lithium production and 73% of the global cell manufacturing capacity.
· India imports lithium-ion cells from China, Taiwan and South Korea, and battery assembly capacity of 1 gigawatt hour (GWh), or about 0.3% of global capacity.
· Dependence on imports, and on China, has led the concerned Indian government to propose the setting up of giga factories in India.
· CleanTechnica company estimates that India will need a minimum of 10GWh of cells by 2022 and 50GWh by 2025. In comparison, China is expected to have over 600GWh of annual battery production capacity by 2023.
· Even if domestic capacity is created in India to meet these levels of domestic demand, it is unlikely to be price competitive vis-à-vis Chinese imports.
· There are three components to lithium-ion batteries: the basic cell, the battery pack and the battery management system. A complete battery includes several cells in a pack controlled by a management system.
· Battery packs are more resistant to changes in cell technology, and battery management systems can leverage India’s strengths in software.
· Securing intellectual property in battery management systems and thermal management of batteries is a better strategy for India.
· Given that India lacks lithium reserves, we should consider urban mining—the extraction of minerals from waste—as a possibly strategic alternative, and not just for lithium.
· A recent market research report projects a recycled lithium-ion battery capacity of 23GWh worth a billion dollars by 2030.
· With 2030 demand projected to be over 125GWh and the geopolitical risks of relying on China, lithium is one more reason to strengthen relations with Australia.
Vendhan 5 years
TN ku
IAS Parliament 5 years
Try to include about lack of source of lithium reserves in India and it can be sourced by recycling process, protecting intellectual property in battery management systems. Keep Writing.
Mirudula Parthibarajan 5 years
Kindly review
IAS Parliament 5 years
Good attempt. Try to include about the intellectual property protection in battery management systems. Keep Writing.
hema 5 years
Kindly review thank you
IAS Parliament 5 years
Good answer. Try to include about intellectual property protection in battery management systems. Keep Writing.
DHARU 5 years
Kindly review!
IAS Parliament 5 years
Good answer. Keep Writing.
Loading Comments