Govt Considers Offering Incentives for Lithium Processing
India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New Delhi tries to develop its nascent lithium mining and boost supplies of the EV battery metal, three government sources said. It would offer…
India Lithium-ion Battery Market to Hit Market Size of USD 30,860.6 Million By 2032
Indian thium-ion battery market generated a revenue of US$ 5,116.4 Million in 2023 and is estimated to reach US$ 30,860.6 million by 2032 at a CAGR of 22.1% during the forecast period 2024–2032. The Indian lithium-ion battery market is the…
Mullen Enters New Phase of Battery Pack Testing
Despite the odds stacked against electric vehicle (EV) manufacturer Mullen Automotive, the company continues to push forward. Earlier this morning, management announced it would begin road testing its solid-state battery packs designed for its Class 1 electric cargo vans. As…
Decrease in Chinese Demand For Electric Vehicles Impacts Lithium Stocks
Shares of lithium stocks are experiencing a downward trend as concerns arise regarding a decrease in Chinese demand for electric vehicles. The price of lithium has been steadily decreasing since the latter part of last year, and this decline has…
As Demand For EV Batteries Picks Up, Makers Eye Lithium Reserves
Last year, Coimbatore-based electric two-wheeler (E2W) maker Boom Motors literally faced the heat after one of its bikes caught fire. This occurred at a time when similar accidents in bikes made by other E2W makers were grabbing headlines. As a…
India To Open Lithium Reserves For Auction Later This Year
The Indian government is expected to initiate auction of mining rights for lithium reserves later this year. The Indian government will offer mining rights for lithium reserves in Jammu & Kashmir later in 2023. The focus of the auction will…
Vulcan Is A Step Closer To Net-Zero-Carbon Lithium Production
In the transition away from fossil fuels, electric vehicles (EV) are set to be deployed on a massive scale in the 2020s. This will create a huge market for lithium-ion batteries (LIB), and battery-quality lithium. This shift is taking place…
