Imported Lithium Will be Needed for Tesla Gigafactory in India

Business Standard reported that India will need to import lithium for Tesla Motor’s (NASDAQ:TSLA) suggested long term plans for a lithium-ion gigafactory in India.
As quoted in the press release:

India does not have reserves of the rare metal needed in making lithium-ion batteries, critical for the country in its rural electrification programme using renewable energy sources such as wind and solar.
“From a manufacturing in India perspective, the country doesn’t have any Lithium deposits, so it’s going to be hard. Unless we import Lithium ore, which is available in Bolivia, Argentina and Australia, manufacturing can’t be supported in India,” said Mridula Dixit, Principal Research Scientist at the Center for Study Of Science, Technology and Policy (CSTEP).

Click here for the full press release.