China's Curbs Hinder India's EV Battery Production

China is making it difficult for Indian companies to make advanced EV batteries.

They've restricted the export of key technology and materials needed for LFP batteries, which are becoming popular because they are cheaper.

This is causing delays for companies like Reliance and Exide as they try to build factories.

The problem is similar to when India had trouble getting the materials to build rare earth magnets, used in electric motors.

Now, Indian companies risk falling behind in a market where LFP batteries are expected to be the dominant technology, as China controls the supply chain.