the finding of the 59 million tonnes of power metal lithium reserves in jammu and kashmir has significant geopolitical and economic advantage for india sulajja firodia motwani founder and ceo of kinetic green energy power solution ltd told iansthe punebased kinetic group that rolled out the famous luna moped and kinetic honda automatic scooters is now making electric vehicles ev like scooters threewheelers and buggiesshe also said india can become an export hub for evs components and subsystems to the world while reducing the cost for the vehicle buyersmotwani said the finding of lithium reserves is certainly a very encouraging discovery to help india in promoting emobility and achieving its net zero goalsduring the first eight months of this fiscal year from april to the end of november lithium battery imports touched 450 million units worth 929 million motwani said citing a reply given in the lok sabha to a questionwith this domestic lithium india could focus on making lfp chemistry batteries lithium ferro phosphate batteries using lithium iron phosphate domestically lfp chemistry is best suited to indian climatic conditions and also the safest chemistry she addedin a short interview motwani talks about the finding of the lithium reserves and what it means for the country as a whole and also for the automotive industryians what does the finding of lithium reserves mean for the ev industry players will it result in reduction in vehicle pricesmotwani there are many significant implications of this discovery for ev industry and for india as a country as a whole it is widely accepted now that the future of transport is green and electric vehicles will play a major part in this transition finding lithium reserves domestically could help india in achieving this transition with confidence control and competitiveness it will also mean that india can be atmanirbhar in cell and battery manufacturing which has significant geopolitical and economical advantagesit can not only help india to achieve emobility with 100 per cent makeinindia as a huge achievement reduce its import bill with no geo political risk but also become an exporter and supplier of ev and its components and sub systems to the world it will help india achieve scale and competitiveness and finally it will result in reduction of lithium battery prices hence reduction in cost of electric vehicles price this will increase ev penetration in india reducing pollution and reducing transport cost for our massesians is there a possibility of indian ev players going in for backward integration get into battery manufacturingmotwani yes backward integration could further help ev players to reduce cost however i also believe that not all ev makers need to make battery cells but they can buy cells from large cell manufacturers in india and use them in their battery packsians there is a view that india should skip the lithium battery and go the next step your takemotwani no india should continue with lithium batteries as new technology like sodium ion batteries will take time to