The road for Indian EVs passes through Beijing. What if China sets up a barricade?
India’s electric-vehicle numbers have been looking up. Over 65% of three-wheelers being sold are now EVs, while electric passenger vehicles have gone from 5% to 8% of the total in just the last few months.
But the reality is, India’s EV revolution is largely powered by China. Case in point: around 80% of heavy-duty battery-management systems (BMS) in the country—what’s popularly called the EV brain—are importedForesee AdvisorsHeavy duty vehicles: Value chain , mostly from China.
And the ripple effects are already visible.
Hackers........
