"All it needs is a leap of faith by some business houses to quickly invest in an integrated plant to produce global quality batteries, without waiting for the threshold volumes of EVs to kick-in,"
https://www.firstpost.com/business/national-mission-on-battery-storage-to-boost-local-production-of-electric-vehicles-says-association-6220041.html
Hope, Magnis has the power and stamina to be part of it... and of course the right reputable partners to invest. For sure the big players are part of the game already.