PLI Should Focus On EV Cells Manufacturing, Not Batteries: GTRI

PLI Should Focus On EV Cells Manufacturing, Not Batteries: GTRI

SUMMARY

The Global Trade Research Initiative (GTRI) has said that the production linked incentive (PLI) scheme should focus on making electric vehicle (EV) cells or lithium-ion cells and not batteries

GTRI said the government should allow the domestic EV sector to grow naturally without relying on incentives as it would avoid India becoming an 'EV colony' for China as India faces unique challenges not faced by other countries in adopting EVs at large scale

Further, the think tank suggested the government to invest in battery recycling infrastructure and support clean energy sources to power EV charging stations

The Global Trade Research Initiative (GTRI) has said that the production linked incentive (PLI) scheme should focus on making electric vehicle (EV) cells or lithium-ion cells and not batteries as most of the manufacturing and value addition takes place up to the cell-making stage.

As per an ET report, GTRI said the government should allow the domestic EV sector to grow naturally without relying on incentives as it would avoid India becoming an ‘EV colony’ for China as India faces unique challenges not faced by other countries in adopting EVs at large scale.

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