Electric Vehicles Manufacturing

India will soon become the big manufacturing hub of electric vehicles.

The world's largest car company Toyota Motor Corp is going to make India a manufacturing hub for electric vehicle parts.

Manufacturing of parts of electric vehicles in India by Toyota Motor will bring investment of billions of rupees in the country.

Toyota Motor will also export to many ASEAN countries from this EV manufacturing hub to meet the local demand.

Vikram Gulati, Executive Vice President, Toyota Motor said that Toyota is preparing to set up a manufacturing hub in India.

The company will make e-drive i.e. electric powertrain in India, which is used in Battery EV, Plug-in Hybrid

Toyota is about to invest Rs 4,800 crore ($621 million) in India to localize the supply chain of electric vehicles.

The Government of India is currently giving an incentive of billions of dollars for making electric vehicles and their parts in the country.

Toyota will make most of the investment through its local units Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts.

TATA's new electric car has arrived, will run more than 300 km with just one charge.