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October 30,2024

Tata and JSW to Invest $30 Billion in Electric Vehicles

India's automobile sector is poised for a major transformation, with Tata and JSW planning to invest over $30 billion in Electric Vehicles (EVs) over the next decade. This aligns with the government's goal of achieving 30% EV penetration by 2030. Initiatives like the PM E-DRIVE scheme and investments from Hyundai and Tata underscore India's commitment to sustainable mobility.

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