India's EV Ecosystem Seeks Continued Support Ahead of Union Budget
ENERGY STORAGE
India's electric vehicle ecosystem is requesting support in the upcoming Union Budget, including continued 5% customs duty on lithium-ion cell imports and subsidies for electric three-wheelers (E3W). OEMs are adapting to supply challenges, but limited domestic production remains a concern.
The ecosystem advocates for capital allocation to enhance local battery production and hopes to maintain parity with petrol-run E3Ws. There are calls for policy support for lithium-ion battery recycling and lifecycle performance metrics in fiscal frameworks. The demand for electric vehicles is increasing, but the industry continues to rely on imports.

Jan 21, 2026, 10:42 PM