EV Boom in India Could Trigger New Commodity Supercycle as Demand for Critical Minerals Soars

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Economy

9 August 2026 at 12:30 am

EV Boom in India Could Trigger New Commodity Supercycle as Demand for Critical Minerals Soars

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Summary

India's electric vehicle market is experiencing rapid growth, with car sales up 82% in July 2026, driven by rising fuel prices. This EV boom is creating significant demand for critical minerals like copper, lithium, and graphite, potentially triggering a new commodity supercycle.

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