• EV policy endorsement: Uno Minda Chairperson Nirmal K Minda welcomed Delhi’s new EV policy as crucial for reducing fossil fuel imports, urging other states to implement similar frameworks.
• EV adoption sequence: The ₹15,000 crore outlay should be utilized to build charging infrastructure and lower costs, with adoption expected to be led by two-wheelers, followed by buses and passenger cars.
• Component localization priorities: Powertrains and batteries represent the main EV component costs requiring localized manufacturing and domestic R&D to compete with China, whereas most other parts aside from semiconductors are already localized.
• Government incentive utilization: Auto component manufacturers should leverage state subsidies alongside central initiatives like the PLI and PM E-DRIVE schemes to invest in local capacity and reduce import dependence.