Lithium-ion battery-based Energy Storage will help India meet its Greenhouse gas Reduction goals – Nitin Gadkari

India is experiencing a significant increase in energy demand because of rapid economic growth, which necessitates an energy transition and a shift away from fossil fuels.

[{"selector":"#anim-75258625-5173-483f-a215-91e05ace4181","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-601d1957-21f6-433f-a866-9b4fd577c518","keyframes":{"transform":["translate3d(0px, -96.78203%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6f80c3b2-1cd9-4097-9fcb-2b7e502be9df","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-69f61648-2312-4194-8ca0-5bedea63c1c6","keyframes":{"transform":["translate3d(0px, 154.65178%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Lithium-ion batteries play a vital role in the energy transition as the medium for energy storage.

[{"selector":"#anim-503cfae9-f954-4fe0-8726-b22a3ed069a4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99f49efc-85cf-4843-9054-b1d381c43acb","keyframes":{"transform":["translate3d(0px, 153.91994%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-07c86a2a-0b54-41d0-a182-6c7b02775226","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-561991ef-95b5-42d7-93bf-013001d73671","keyframes":{"transform":["translate3d(0px, -96.99546%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

With lithium being a crucial raw material for EV production, India seeks to reduce its reliance on imports and increase domestic manufacturing.

[{"selector":"#anim-a0d7139b-9b94-4242-b4e8-30228b3ed77e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b29e162-860c-49c1-a060-1941406f856c","keyframes":{"transform":["translate3d(0px, 132.51823%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4cdb6e02-5ec0-41ec-8d18-7a3ae43fa38d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-431e300c-b246-4610-9a93-d71a579430d9","keyframes":{"transform":["translate3d(0px, -96.78203%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The Ministry of Heavy Industries recently revealed a Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cells (ACCs), with an investment of Rs. 18,100 Crore over 5 years.

[{"selector":"#anim-c4064e47-ca1a-48db-8db3-6f12ecb82732","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55144ead-c4d5-4ad3-b1ca-e1bb3c302afa","keyframes":{"transform":["translate3d(0px, 137.84027%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d0d82c4-dc2f-4bca-8a57-a6452e474f68","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-13114ba4-7845-4d9e-92d7-1216cc47735b","keyframes":{"transform":["translate3d(0px, -96.78203%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The Indian Government has taken further measures and introduced 2 schemes to boost the production of EVs in India, especially in the public transport sector.

[{"selector":"#anim-1f7574b3-8d6e-4497-9f70-309bcb67ad01","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-37a60301-850d-41be-a2bf-0a53799bc573","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-76a29304-4bfe-402d-bf19-51f490f6adb8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a84ed95d-623d-4a61-9f90-446c0df1405c","keyframes":{"transform":["translate3d(0px, -96.62528%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b97a59b-9735-42fd-ba89-de4819b51a9d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-12121c5a-2066-4aac-8825-3a2661a0f65c","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

1. Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) 2. Production Linked Incentive (PLI) Scheme for Automotive Sector

[{"selector":"#anim-5894e031-d2c0-4fbe-87d6-02405de623ac","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a733089d-daf0-467e-b078-73bff43f5daa","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4824f196-2bcf-4322-bec7-966b421be4af","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4efb60dc-e79a-4ae2-bb29-0b9fffbb7938","keyframes":{"transform":["translate3d(0px, -96.13843%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6a20d97-dc61-46d6-ba36-b46ade03cd12","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-09b9b627-99f1-478c-8304-56cf0de28f80","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]