CES: India's EV battery demand to surge to 256.3 GWh by 2032

• India's EV battery demand is projected to surge from 17.7 GWh in 2025 to 256.3 GWh by 2032, a 35% compound annual growth rate.
• This growth is fueled by India's electrification drive, rising fuel prices, strong consumer demand, new model launches, and robust policy support.
• Advances in battery chemistry, like LFP Gen 4 and sodium-ion technology, are making EVs more affordable, safer, and increasing their range.
• Indian battery manufacturers are expanding capacity and diversifying technology to meet the growing demand.
• Challenges include China's export controls on critical materials, high capital costs, limited domestic mineral reserves, and technology dependence.

Why It Matters: India's EV future hinges on massive battery growth and addressing supply chain risks.