Electric Vehicles in India and China--causing disruption and creating idea economy

Over the last 70 years, India invested in creating labor based value addition capability in automobile making--creating millions (37 million, the sector contributes almost half of manufacturing gross domestic product of India) of jobs and many auto component making firms.

Upon failing to establish foot print in gasoline based automobiles, China was looking for technology discontinuity--to add value through ideas, as opposed to labor.

China took fledging electric vehicle (EV) as a strategic opportunity for being a player in the global automobile industry through ideas (as opposed to labor)--by making better lithium ion battery at lower cost.

EV requires almost 20 moving parts as opposed to 2000+ in making gasoline cars. Such reality about to cause disruption to India's labor based automobile industry, while creating automobile idea economy in China.