Institute for Energy Economics & Financial Analysis: India's EV Localisation Gaining Ground, But Import Dependence in Chips and Rare-earth Magnets May Hinder Deeper Value Creation
June 24, 2026
June 24, 2026
LAKEWOOD, Ohio, June 24 (TNSbrep) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
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India's EV localisation gaining ground, but import dependence in chips and rare-earth magnets may hinder deeper value creation
New IEEFA and JMK Research report finds several EV component categories, excluding batteries, could reach 90-100% localisation in India by 2030, but deeper domestic value creation will depend o . . .
* * *
India's EV localisation gaining ground, but import dependence in chips and rare-earth magnets may hinder deeper value creation
New IEEFA and JMK Research report finds several EV component categories, excluding batteries, could reach 90-100% localisation in India by 2030, but deeper domestic value creation will depend o . . .