India’s EV Financing Industry Projected to be $50 Billion by 2030: NITI Aayog

Transition to EV regime will require an investment of $266 billion over the next decade

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India’s transition to electric vehicles (EV) will require a cumulative capital investment of $266 billion (₹19.7 trillion) in EVs, charging infrastructure, and batteries over the next decade, according to a report by NITI Aayog and Rocky Mountain Institute (RMI).

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