EVs to increase India’s dependence on China for raw materials
EVs result in the release of pollutants during battery making, disposal, and charging and about 70 per cent of materials used to manufacture EVs in India are imported from China and a few other countries, it said.
“EVs will increase India’s dependence on China for raw materials, mineral processing, and battery production,” it said.
China has bought the largest lithium mines in Australia and South America. It processes more than 60 per cent of the lithium produced globally. It also processes 65 per cent of cobalt and 93 per cent of manganese.
China makes three out of four batteries produced globally, it said, adding over 100 Chinese battery units make 60 per cent of the cathodes and 80 per cent of the anodes used in lithium-ion cells.
The report pointed out that EVs have implications on jobs and pollution and it identified 13 issues related to interests of consumers, industry, and the government for an evaluation.
The issues include high prices of these vehicles, fitness of EVs for a long journey, performance under extreme weather, increase in power demand, less fit for public transport, increased dependence on China, no reduction in pollution, disruption of the auto component sector, and inadequate availability of lithium.