NEW DELHI: Australia is looking forward to collaborating with India for lithium-ion battery production to expand its presence in the electric vehicle segment globally. It has invited a couple of big Indian auto companies to explore mining opportunities there.
This is in line with India’s growth projection for EVs sales till 2030. The government has set the target of EV sales penetration of 30 per cent of private cars, 70 per cent of commercial cars, 40 per cent of buses and 80 per cent of two and three-wheelers by 2030, which amounts to having 8 crores EVs on road.
