The EV vision shouldn’t run out of charge
Any economy that aspires to push EVs, among other uses of batteries, will need to think about the economics of end-of-life batteries
The automotive industry is quietly but resolutely preparing for the electric vehicle (EV) revolution. No less than 22 original equipment manufacturers (OEM) for automobiles have registered themselves as EV manufacturers in the last three years and they plan to manufacture 77 EV variants. At the same time, we have seen a lot of debate about India’s EV vision. The dominant belief is that India will need both internal combustion and EV technologies to survive and coexist. There are many reasons for this belief to have taken shape; but this piece aims to focus on the issue of batteries.