Funding Doubled for India’s EV Sector in 2022 – B Standard

Funding for India’s booming electric vehicle (EV) sector doubled last year, making it the third-largest EV market in the world, the Business Standard reported.

The investment boost takes India’s total EV funding to $1.66 billion, said the report, led by government subsidy initiatives such as the FAME II programme.

Read the full report: Business Standard

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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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