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India’s EV carmakers to set up battery factories?

Tue, 06/06/2017 - 09:53 -- Xuan Zhong
India’s EV carmakers to set up battery factories?

The Indian government is considering incentivising domestic carmakers to set up their own lithium-ion battery plants in the country. The idea is to lower the cost of electric vehicles in India and make local cars more competitive.

It’s part of India’s plans to push the sales and production of electric vehicles in the country through schemes such as FAME-India (Faster Adoption and Manufacturing of (hybrid &) Electric vehicles in India).

 

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