The move is part of an effort to push use of EVs, for which high battery cost is a big hurdle. The batteries, currently being imported, account for more than half the cost of an EV and local manufacturing could help bring this down. The projects would cost as much as $5 billion (Rs 35,500 crore).
Subscribe to our mailing list to get the latest magazine!
2 days ago
3 days ago
4 days ago