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Ford wakes up badly burnt from its India dream - Netscape Money & Business
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US Carmaker Ford Motor Shut Down Manufacturing Plants In India: Read The Rise And Fall Of Ford In India
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Ford Wakes up Badly Burnt From Its India Dream
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Ford wakes up badly burnt from its India dream
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Maruti Suzuki sees hydrogen as interesting alternative
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Reuters | Aug 3, 2021, 12:23 IST
NEW DELHI: The use of hydrogen power for mobility is an interesting alternative for India, especially as it would reduce dependence on lithium imports, the chairman of Maruti Suzuki, India s top-selling carmaker, said on Monday.
Demand for lithium for batteries is soaring as governments across the world push automakers to meet stringent targets for cutting carbon emissions, partly by phasing out internal combustion engines.
In India, however, the adoption of electric vehicles (EVs) by carmakers has been slow due to the high cost of batteries, as well as insufficient charging infrastructure. India also does not have lithium reserves, the majority of which are controlled by China globally.