5 ELECTRIFICATION RATES

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    expected ROI of nickel manganese cobalt battery project in India 2030

    expected ROI of nickel manganese cobalt battery project in India 2030

    Figure 2: Critical material demand to manufacture 100 GWh/annum LIBs by . India heavily relies on imports for key battery materials, such as lithium, nickel, and cobalt, while domestic production is focused on ancillary and precursor materials, including graphite, aluminium, copper, phosphorus and manganese.

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