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Are EVs as Green as We Think? Nithin Kamath Highlights the Bigger Picture


Updated: June 25, 2025 18:59

Image Source: Business Outreach
Electric vehicles are everywhere these days, and most of us think of them as a big win for the environment. But Nithin Kamath, co-founder of Zerodha, is asking a tough question: Are we just moving pollution out of our cities and into someone else’s backyard?
 
Here’s what he’s pointing out:
 
Sure, EVs help cut air pollution in cities. But the batteries that power them need minerals like nickel, cobalt, and lithium. Mining and processing these materials can cause serious harm to the environment—just not where most of us live.
 
Kamath highlights Indonesia, which supplies more than half the world’s nickel. Mining there is destroying rainforests and polluting the ocean, threatening wildlife and local communities.
 
He also points to the Democratic Republic of Congo, which produces most of the world’s cobalt. Mining conditions are often dangerous, with reports of child labor and serious human rights abuses.
 
China is the main player when it comes to refining these minerals, and much of that work is powered by coal. So, while your EV may not emit much on the road, its battery could have a big carbon footprint before it ever reaches your car.
 
Kamath’s main concern is that we’re cleaning up city air but damaging remote places and vulnerable communities in the process. The true environmental cost is often hidden from consumers.
 
He’s urging everyone to think beyond the tech hype and consider the bigger picture: Is this “green” revolution really as green as it seems?
 
It’s a reminder that solving one problem shouldn’t mean creating another—especially for people and places we rarely see.
 
Source: Business Today, NDTV Profit, News18

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