British International Investment (BII) plans to invest an additional $300m in India's electric vehicle sector over the next three years.

British International Investment (BII) plans to invest an additional $300m in India's electric vehicle sector over the next three years, following its existing $300m investment. The UK's development finance institution sees opportunities in EV manufacturing, components, and financing. Managing Director Abhinav Sinha anticipates a significant increase in EV penetration in public transportation and passenger cars by 2030.

June 23, 2024
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