India’s electric vehicle adoption is gaining momentum, with a new SBI report estimating that a 20 percent EV share by 2030 could help India save nearly ₹1 lakh crore in crude oil import costs. India EV Adoption Gains Momentum Electric vehicles have crossed more than 8 percent market share in
The Indian government is deliberating a proposal to amend its electric vehicle (EV) investment policy, potentially allowing global manufacturers to include expenditures on charging infrastructure as part of the mandated $500 million investment over three years for setting up manufacturing plants. This policy adjustment aims to facilitate easier compliance for international








