As for alternatives to lithium, startups are experimenting with materials that are more readily available. An Indian startup, backed by Mumbai Angels, is experimenting with a composite material using derivatives of abundantly available carbon The coronavirus pandemic has brought into stark focus the over-dependence of global supply chains on China.
Nations around the world are now more desperate than ever for alternatives, but it’s a tough ask to replace Chinese supplies.
One of the areas where China dominates the world is in the production of lithium-ion batteries which power our smartphones, laptops and electric vehicles.