China's Curbs Hinder India's EV Battery Production

“We are not going to compromise on the performance and safety of vehicles, as that would hurt consumer confidence. Indian firms must match the technology offered by competitors. Otherwise, auto firms will be reluctant to source cells—unless the government imposes import restrictions”

“There is no outright ban, but suppliers face problems in getting their documentation cleared. There are a lot of delays”

“For cell manufacturers who want to get into the LFP manufacturing, there are some challenges in sourcing mature technology”

“Synthetic graphite, which is required for LFP, also requires an export licence. If you take two steps back and you just think about what has happened in rare earths, the same messaging is coming in synthetic graphite.”

“China’s export restriction policy on high-end LFP technology is ensuring it will remain in the hands of Chinese companies, while non-Chinese firms generally take longer to achieve and scale up similar cost and technical advancements for LFP”

“The truth of the matter is that Chinese players dominate the LFP technology and raw materials required for developing the tech. Even if firms source licences for the technology, the problem is that Chinese players may not give you the latest technology. So, by the time the factory is ready, the technology is already years behind Chinese players”