Industry News29 Jun 2023
India Eyes More Lithium Deposits in J&K, Identifies 30 Critical Minerals
In Short
Following the discovery of significant lithium reserves in Jammu & Kashmir, India is intensifying exploration and has identified 30 critical minerals essential to its energy transition — a strategic push to secure the raw materials behind the EV revolution.
Why it matters
Domestic lithium would reduce India's dependence on imported cells and stabilise battery prices — the single biggest cost driver in an electric vehicle. It is foundational work for the affordable EVs of the next decade.
Every step toward a domestic battery supply chain makes electric scooters more affordable for the riders GOEEN builds for.
