World EV Day: Navigating the EV Industry towards self-reliance
Steering the EV industry to self-reliance would need a multidimensional approach that can, address several complex challenges. The current EV ecosystem also has to transform. Committed action from the private sector and enabling policies from the Government are essential to drive this transformation. To mature the sector to the next level, focus should be on ecosystem development. This essentially includes developing R&D and innovation capabilities which should also lead to technology and knowledge sharing from global organizations. However, a self-reliant EV sector would be an outcome of a complete ecosystem transformation while proving to be beneficial for various allied sectors and the economy at large.
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