Now, the EU does not have much of a reputation in the field of EV battery manufacturing, and so does India. Perhaps the blind leading the blind can come up with something earth shattering. Moreover, China still controls all the raw materials, like Lithium, for the manufacturing of EV batteries. China presently holds 70% market share of global battery manufacturing.
Having said that, China is now moving away from Lithium based EV batteries and is already into mass producing sodium-ion based batteries that are a better storage medium and have longer charging life cycles than Lithium based batteries. Such batteries are safer, generate less heat and less likely to explode and causing destructive fires.
Anonymous
Good morning All
ReplyDeleteToday's one report of bacteria contamination in the I-phone productions and how to manufacture lithium batteries and etc when India has even no clean environment to have this minimum requirement?
Thr indians just loved to dream and salivating in their dreams or nightmares!
Companies in the EU would not build factories in India to build anything. They would be throwing good money after bad. Uncertain Government policies, poor infrastructures, lack of supply chains, lack of skilled workers and lack of good work attitudes. Moreover, India has a well-known reputation - The Graveyard of Companies. If companies want to die, go to India and get a fast track to the grave.
ReplyDeleteIt is ironic actually talking about graveyards. Afghanistan's reputation of being the 'Graveyard of Empires' signifies a positive vibe that emphasized that no empires are able to defeat the Afghans on their soil. India's 'Graveyard of Companies' invoke a negative image of India, indicating that companies go to India to die.
Apple already found that out. Elon Musk also changed his mind about building a Tesla factory in India. As a matter of fact, Elon Musk does not even think it necessary to visit India to survey the ground. The experience of others is enough to change his mind.
Not to worry. There is some country willing to take over failing Indian banks and investing in collapsing Indian airlines. If there is any good value in those entities, Adani would have been given first choice.
DeleteYa hor, why never ask Adani or Ambani to take over failing banks and failing airlines? How come got so many fools rushing in with OPM to put money into the pockets of Indian crooks?
ReplyDeleteThis is typical case of when Adani and Ambani dare not thread, fools rush in. How I wish LKY and GKS are around and start kicking asses.