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February 26,2026

National EV Export Strategy Critical as Global EV Sales Poised to Triple by 2030

A FICCI–Yes Bank report calls for an urgent National EV Export Strategy as global EV sales are set to triple by 2030, supported by USD 19 billion in incentives (+5% YoY), falling battery prices (USD 137/kWh), and ~30% annual charging infrastructure growth. To capitalize, Indian OEMs must align with global safety, sustainability, and traceability standards to unlock export opportunities across Europe, Latin America, and Southeast Asia.

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