1BUY.AI | AI-Powered Electronics Procurement Intelligence

Demand Shift
Technology Advancement
LOW Severity
low impact

EVs to drive lithium-ion battery demand growth by remarkable 48% CAGR through 2030

09 Jul 2025, 12:30 IST09 Jul 2025, 12:30 ISTRelevance: 75%
EVs to drive lithium-ion battery demand growth by remarkable 48% CAGR through 2030

📊Executive Summary

India's lithium-ion battery market is projected to grow at a remarkable 48% CAGR through 2030, primarily driven by the demand for electric vehicles (EVs). This growth trajectory is set against the backdrop of challenges such as import dependencies and environmental concerns, as India aims for Net-Zero emissions by 2070. The significant rise in battery demand underscores the critical role of lithium-ion technology in the automotive sector, particularly for EV manufacturers looking to enhance their production capabilities and meet future demand....

More Insights Available

🔄What Changed
💡Why It Matters
⚠️Risk Assessment
Recommended Actions
🏭Affected Sectors

Unlock Full Analysis

Sign in to access the complete executive brief, risk analysis, and full article content.

Classification

Industries

Automotive
Power & Energy

Components

Batteries & Power

Regions

India

Topics

Demand Shift
Technology Advancement