“Indigenisation is urgent for India’s electric mobility transition.”

• India’s transition to electric mobility requires indigenisation of technology and raw materials.

• The country needs to be cautious about the high import intensity of e-vehicle production, especially from countries with large trade deficits.

• Identifying local mineral sources is crucial for this transition.

• Many minerals crucial to EV manufacturing are scarcely available or processed in India, with China dominating the market.

• China’s dominance in global mineral processing and production is a concern.

• The demand for lithium-ion batteries is expected to grow at a compounded annual growth rate of 23% by 2030.

• The Ministry of Mines found 24 critical minerals at high risk of supply disruptions.

• The government emphasizes public transportation as an efficient vehicle for achieving electric mobility.