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India to host Global EV Summit as policy shifts to fix supply chain, woo investment

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  • RohilR
    Rohil wrote on last edited by Rohil
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    NITI Aayog is lining up a Global EV Summit in Mar–Apr 2026 as part of a reset to India’s e-mobility game plan—after magnet shortages and lukewarm big-ticket bets dented momentum. The meet (a sequel to the 2018 MOVE Summit) will push mandates + incentives for e-trucks/buses, shore up rare-earth magnet supply, and court global OEMs/investors. It follows a new ₹7,280-cr magnet PLI, tweaks under PM E-Drive, and a reevaluation of the 2024 “Tesla scheme.”

    [Visit LiveMint](https://www.livemin[link removed]m/industry/infrastructure/global-ev-summit-niti-aayog-investments-tesla-supply-chain-11764592207035.html)

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