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India Launches $10 Billion EV Infrastructure Fund

March 4, 2026

India Launches $10 Billion EV Infrastructure Fund

The Indian government has announced a $10 billion infrastructure fund dedicated to building out the country’s EV charging network over the next five years. The fund will prioritize highway corridors connecting major cities.

India aims to have 30% of all new vehicle sales be electric by 2030, up from the current 6%.

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