The EV supply chain in India is gradually evolving, transitioning from heavy reliance on imports to increasing efforts towards localizing the production of key components. Despite its nascent stage, there is a concerted push from both the public and private sectors to establish a more robust and self-sufficient EV ecosystem, addressing critical challenges such as raw material procurement, challenges around scaling charging infrastructure and EV financing.
The report highlights the current status, trends, and future potential of electric mobility around raw material supply chain, charging and EV financing to drive the penetration of electric mobility and sustainability target in India.
