2. Sourcing Minerals for the Battery

The chapter delves into the pivotal role of critical minerals like lithium, cobalt, and nickel in the electric vehicle (EV) value chain. It highlights the global dependency on these minerals, with a particular focus on India's challenges in securing their supply. The text discusses the significance of these minerals in EV batteries, the global distribution of reserves, and the implications of India's lack of domestic sources. Additionally, it explores the potential of recycling and alternative battery technologies to mitigate supply risks. The chapter also touches on the importance of strategic partnerships and diplomatic agreements to ensure a stable supply of these vital resources. By addressing these topics, the chapter offers a nuanced understanding of the current state and future prospects of the critical minerals market, essential for the growth of the EV industry.