In January 2025, SMM quotes the spot price for battery-grade lithium carbonate between USD 9,150.06 and USD 9,402.9 per metric ton, while quoting battery-grade lithium hydroxide of 56.5% with a coarse ...
Industry leaders view these measures as essential steps toward strengthening the EV supply chain. Shailesh Chandra, President of the Society of Indian Automobiles, highlighted the importance of the ...
Industry experts hailed steps for boosting clean energy like nuclear mission, incentives for critical minerals and renewable equipment in the Budget presented on Saturday by Union Finance Minister ...
The government has also reduced import duties on battery manufacturing materials, which will encourage EV makers to offer better battery packs at a more affordable price, reducing the overall costs of ...