Battery capacity needed to power electric vehicles in India from 2020 to 2035

India’s goal of 30% market share for electric vehicles (EVs) by 2030 entails the addition of 24 million two-wheelers, 2.9 million three-wheelers, and 5.4 million four-wheelers to the national vehicle fleet in the next ten years. Because India relies heavily on imports of EV components, especially battery cells, the government is promoting domestic manufacturing and recently announced a five-year, US$19.7 billion production incentive scheme for ten key sectors, including US$2.4 billion for advanced chemistry cell (ACC) batteries. In this paper the authors estimate the battery capacity required to power India’s EVs each year up to 2035, under the EV30@30 implementation plan and a separate “Ambitious” plan. The authors show that by 2035 India will need about 3,400 gigawatt hours (GWh) of lithium-ion batteries under EV30@30 implementation and about 4,100 GWh under the “Ambitious” implementation. This compares to the approximately 198 GWh of EV battery power produced worldwide in 2017, affirming the need for India to start up its own battery manufacturing in the next few years. Over the next decade, India’s annual requirement could reach 17% to 26% of annual global production. Production at Giga scale will play a crucial role in lowering EV prices in India to make them cost effective and affordable.

• Record URL:
  https://theicct.org/sites/default/files/publications/Battery-capacity-ev-india-feb2021.pdf
• 
• Summary URL:
  https://theicct.org/publications/battery-capacity-ev-india-feb2021
• Corporate Authors:

  International Council on Clean Transportation (ICCT)

  1500 K Street NW, Suite 650
  Washington, DC  United States  20005
• Authors:
  • Gode, Pramoda
  • Bieker, Georg
  • Bandivadekar, Anup
• Publication Date: 2021-2

Language

• English

Media Info

• Media Type: Digital/other
• Features: Appendices; Figures; References; Tables;
• Pagination: 16p
• Serial:
  • Working Paper
  • Issue Number: 2021-07
  • Publisher: International Council on Clean Transportation (ICCT)

Subject/Index Terms

• TRT Terms: Electric batteries; Electric vehicles; Forecasting; Lithium batteries; Production
• Geographic Terms: India
• Subject Areas: Energy; Highways; Planning and Forecasting; Vehicles and Equipment;

Filing Info

• Accession Number: 01775245
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 24 2021 4:43PM