India's EV Ecosystem Seeks Continued Support Ahead of Union Budget
ENERGY STORAGE
India's electric vehicle ecosystem is urging the government to maintain a 5% customs duty on lithium-ion cell imports and provide subsidies for electric three-wheelers in the upcoming Union Budget. While OEMs are adapting to supply challenges, concerns over limited domestic production persist, prompting calls for capital allocation to boost local battery manufacturing and support for lithium-ion battery recycling. As demand for electric vehicles rises, the industry continues to heavily rely on imports.

Jan 21, 2026, 10:42 PM