Cost of EV = 2X cost of ICE
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Li-ion Battery forms 50 to 60% of the cost of an electric vehicle.
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EVs remain very expensive compared to equivalent ICE vehicles
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EVs with battery swapping have infrastructure capex
25% Home without grid
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Millions in India lack a 24*7 electricity supply via grid access.
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Li-ion Battery ESS is not affordable.
Less than 20% batteries are recycled in India
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Hazardious to dispose in landfills, unsustainable environment impact and resource loss.
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Unsafe handling by E-waste and scrap workers can lead to fire.
Lead acid batteries are highly toxic and cause severe environmental damage as well as to all Lifeforms due to the presence of Lead.
Li-ion batteries are today used once and thereafter discarded. Thus, ending up in a landfill, where they pollute the land, air and water.
There is a lack of Reuse and Recycling results in an immense amount of resource loss due to this wastage. India imports all it's Li-ion batteries currently and dumping them means only increasing our imports bills and pollution levels continually each year.
