India is the third-largest EV market in the world behind the US and China.
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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