India approves five-year plan for EV battery manufacturing
The government of India has approved a National Mission on Transformative Mobility and Battery Storage, to drive “clean, connected, shared and sustainable mobility initiatives in the country”.
The decision was taken at a meeting of the Union Cabinet chaired by prime minister Narendra Modi.
The cabinet also approved a Phased Manufacturing Program to support large-scale, export-competitive integrated batteries and cell-manufacturing giga plants in India, along with another program to localize production across the electric vehicles value chain. The two programs are intended to run until 2024.
Performing a roadmap for India to leverage its size to produce innovative, competitive multi-modal mobility solutions to be deployed globally.
To implement gigawatt-scale battery manufacturing, a National Storage Mission will initially focus on large-scale module and pack assembly plants during the fiscal year that starts next month, followed by integrated cell manufacturing by 2021-22.
The mission, chaired by the National Institution for Transforming India policy thinktank, will include secretaries from the ministries of Road Transport and Highways. Power; and New and Renewable Energy; and the departments of Science and Technology. Heavy Industry; and the Promotion of Industry and Internal Trade; as well as the director-general of the Bureau of Industrial Standards.