India EV sector got Rs 2 lakh cr investment in past 5 years, still short of requirements, report shows

India’s electric transport sector attracted ₹2.23 lakh crore in investments between 2020 and 2025, according to a report by the Institute for Energy Economics and Financial Analysis. However, this covers only 18% of the ₹12.5 lakh crore required by 2030, highlighting significant funding gaps to achieve the country’s ambitious EV adoption targets.
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