Elon Musk, CEO of auto major Tesla, believes that 100 gigafactories could sustainably power the whole world through a new, ascending global currency. Lithium. 

Musk might be the visionary here, but it’s the Chinese who’ve captured the lithium zeitgeist. 

Hitting its stride a decade earlier than India, China not only strategically stockpiled a supply of essential minerals but also laid out elaborate subsidies to completely localise the ore-to-battery supply chain. This was helped by a wafer-thin wall between the private sector and the state. 

Today, the country is home to three of the world’s largest gigafactories.


Olina Banerji

Based in Delhi, Olina writes about mega-trends in urban mobility, education, skilling and the environment, with a focus on how institutions and innovations can help cities grow sustainably. She is a graduate of the London School of Economics, and has worked previously with India Today and global non-profit Ashoka.

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