5. Imports and Exports of Components

The chapter delves into the imports and exports of components in India's electric vehicle industry, with a focus on the period from 2018 to 2022. It begins by introducing the evolution of the EV industry in India and the heavy reliance on imported electric and electronic components. The chapter is divided into four categories of EV components: metal components, electric components, electronic components, and other aggregates. The analysis reveals that while metal components are predominantly manufactured in India, other categories such as electric and electronic components are largely imported. The chapter also examines the imports of lithium-ion batteries and other critical components, highlighting the geopolitical and supply chain complexities involved. Additionally, the chapter discusses the exports of motor vehicles and related components, noting the importance of integration in value chains. The conclusion emphasizes the need for India to move up the EV value chain by manufacturing these components locally. The chapter also references several studies and publications that provide further insights into the EV industry and related technologies.