This study models how India’s expanding electric vehicle fleet could change demand for and requirements of lithium, nickel, cobalt, manganese, and graphite through 2060 under several deployment and battery-chemistry scenarios. Under the baseline scenario, EV battery demand reaches about 965 GWh by 2060, while recycling could reduce cumulative lithium demand by up to 54% and offset much of the demand for cobalt and manganese.
India’s EV Battery Demand Is Set to Soar. Recycling Could Change the Math
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