|19th August 2019, 18:54||#1|
Join Date: Nov 2011
Location: Fremont, CA
Thanked: 771 Times
NITI Aayog plans Tesla-style gigafactories in India; Tesla, BYD, CATL show interest
According to an anonymous government official, Tesla has shown interest in the governments plans to draw up massive lithium-ion battery manufacturing facilities in India with foreign investment.
Tesla's "Gigafactory" approach has been a wildly successful one for them (although the ramifications haven't yet been completely realized by many) - it has allowed for a massive lead in battery manufacturing capability, and with other manufacturers just now getting their act together, they'll be content with the battery supply from third party suppliers for a while, until they try to launch a mass-market car and realize that they don't have enough battery production to match the vehicle production (then again, most manufacturers are only making sufficient noise and publicity about electrification but in reality barely making enough EVs to matter).
Battery production is the next big frontier in EV tech, and any country that invests heavily in it is going to win big time (look at China). This is a great initiative, and I hope Tesla wins the bid (if there's any bidding process involved) and sets up a manufacturing plant in India soon. I would hate to see one of the Chinese companies win a bigger share of the pie. As an added bonus, having a battery plant will pave the way for Tesla to finally bring the cars into the Indian market too (I know that a battery presence does not equate at any level to a car assembly plant, but having a foothold at least opens some doors for them).
Last edited by Harshal.Bhosale : 19th August 2019 at 19:00.
|20th August 2019, 12:11||#2|
Join Date: Apr 2016
Thanked: 2,465 Times
Re: NITI Aayog plans Tesla-style gigafactories in India; Tesla, BYD, CATL show interest
Even if Tesla does not build Gigafactory in India, it would be great if few of the other battery giants like CATL, BYD, LG Chem, Samsung SDI, Panasonic, SK innovation comes to India through this program. Battery R&D, manufacturing is not only capital intensive but also highly competitive. Till recently battery costs came down mainly due to innovation. Prices continue to decline from now on due to economies of scale in addition to technology improvement. Below is the roadmap of CATL for the next 4 years.
Above roadmap is from early 2018. CATL already met 2019 timeline (180 wh/kg) and few cars already released. In the next 4 years density is going to increase ~47% resulting in batteries with higher range and capacity in same footprint or much smaller batteries with same range. Between 2017-2023, that is 90% density improvement.