NDTV·1 min read·medium
Inside India's $25.6 Billion Push To Build Core EV Tech, Cut Imports
✦AI Summary
India is investing $25.6 billion to bolster its domestic electric vehicle technology and reduce reliance on imports. This initiative follows a surge in EV sales, which surpassed 2 million units in the 2025 fiscal year.
India's EV market is growing rapidly, with industry estimates suggesting that electric vehicle sales crossed 2 million units in FY25.
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