India’s New EV Policy: Opportunities and Challenges for Automakers
India’s New EV Policy aims to transform the country’s electric vehicle sector. Officially titled India EV Policy 2025, the policy—also known as the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMPCI)—is designed to attract global automakers while encouraging domestic production. A major highlight of India’s New EV Policy is the reduction of…
