India stands at the cusp of an energy revolution, with batteries playing an essential role in driving sustainable development across various sectors. As the country aims to lessen its dependence on fossil fuels and transition towards cleaner energy sources, the battery manufacturing and recycling ecosystem is likely to emerge as a critical component of this transformation.
Presently, two primary types of batteries dominate the market, namely, lead-acid batteries and lithium-ion batteries (LIBs). While lead-acid batteries have been used in consumer electronics for decades, LIBs on the other hand, have gained significant popularity due to their higher energy density and longer lifespan. The ministry of mines had identified 30 critical minerals in 2023 as risk in supply chain. Among them, lithium (Li), cobalt (Co) and nickel (Ni) are important under clean energy initiative for electric…
