ELECTRIC CARS - CAN INDIA FEED THE WORLD?
Requirements of electric cars all over the world is shooting up. Global use of EVs is estimated to grow up from 10% in 2021 to 25% in 2025. The requirement of EVs in US is estimated to be 26.7 millions by 2030. There will be considerable demand for EVs in third world countries too. Why India cannot make use of this bright opportunities ahead? We have no dearth of technology in automobile manufacturing. We have no dearth of resources or skilled manpower either. Then what we are waiting for? As per reports we have recently found a huge availability of lithium in Rajasthan. In February 2023 Geological Survey of India have located 5.9 million tonnes of lithium in Reasi district of Jammu and Kashmir. Lithium reserves also have been discovered in Jharkhand. All these findings put together makes India the seventh largest resources of lithium in the world. Deploy our resources including the huge man power for manufacturing of electric vehicles for our internal use ...