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The country’s woefully inadequate efforts to reduce its reliance on lithium imports could spoil its EV party.

To boost the adoption of electric vehicles, the government is spending money to set up charging stations. The majority of the existing public chargers, however, don’t even work.
The Adani Group’s plan to build a massive storage project in Gujarat signals a mature technology and a sector moving towards scale and consolidation.
India’s largest two-wheeler maker has seen a stock surge on the back of macro tailwinds, an EV push, a credible export strategy and renewed investor faith. Proving that this rally isn’t just a festive-season fling will be the real test.