India to launch supercharged push for global EV players

India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract $14 billion of investment over five years, according to industry sources and a document seen by Reuters. India's efforts to promote EVs to reduce its oil dependence and cut pollution have been stymied by a lack of investment and weak demand.



March 23, 2021 at 08:47AM