A burgeoning cell phone industry has pushed India’s lithium battery imports by 300% in 2018-19 compared to 2016-17, while the electric vehicle (EV) market is expected to further boost this in the next few years.
300% rise in lithium battery imports; value too up
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A burgeoning cell phone industry has pushed India’s lithium battery imports by 300% in 2018-19 compared to 2016-17, while the electric vehicle (EV) market is expected to further boost this in the next few years.