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India's Battery Ambitions Run On Borrowed Volts
An anonymous reader shares a report: India is set to begin mass-producing electric-vehicle batteries within 18 months, a step hailed as a leap towards industrial self-reliance. Yet the structure of this new industry looks troublingly familiar, echoing a pattern of dependence that has long marked Ind...
An anonymous reader shares a report: India is set to begin mass-producing electric-vehicle batteries within 18 months, a step hailed as a leap towards industrial self-reliance. This pales in comparison to the industry's giants: China's CATL sits on a hoard of over 43,000 patents, while South Korea's LG Energy Solution possesses some 70,000. Having largely missed the global lithium-ion boom, India's established lead-acid manufacturers built a business model on licensing technology rather than inventing it.
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