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India’s EV Revolution: E2W and E3W show the way

Dinesh Mishra

which are 15% to 30% lower even at the landed cost (including freight and duties). From the policy side, the Government push is already there for local manufacturing with incentives from Make in India and FAME-II schemes. Currently, most the OEMs are importing all HV EV components like OBCs, inverter, motors, battery, etc.