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India has made a significant discovery of lithium deposits in Jammu and Kashmir, which makes it one of the largest lithium deposit holders in the world. Lithium, also known as "white gold", is a critical component in rechargeable batteries, particularly for electric vehicles. As the electric vehicle industry is expected to grow 7x by 2030, this discovery provides India with the opportunity to move up the global supply chain and become a leader in the EV industry. Despite the challenges, such as the absence of cell manufacturing in India and the possibility of lithium batteries being replaced in EVs, India has the potential to exploit its natural resources and become a hub for EV production. Will the discovery prove a turning point? Will this make India the next superpower?
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Markers
00:00 Introduction
01:41 What is Lithium?
02:04 History of Lithium-ion Battery.
03:03 Working of Lithium-ion Batteries.
04:19 Lithium-ion Batteries in EV's
06:45 Who controls the supply chain of LiBs?
06:50 How LiB's are made? 1)Mining
07:27 How LiB's are made? 2)Raw Material Processing
07:55 How LiB's are made? 3)Cell component production
08:15 How LiB's are made? 4)Battery pack production
09:10 Current Status of LiB manufacturing in India
12:32 LiBs become out of fashion
13:38 Environmental costs
15:04 Conclusion