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Below the Pre-Budget Quote on EVs & Charging Infrastructure from Prince Arora, Partner, Financial Due Diligence, BDO India

“The EV ecosystem is at a stage where scale will be dictated not by demand incentives, but by infrastructure (supply side incentives). Budget 2026 should focus on the charging infrastructure, battery recycling, and production of components (mainly battery packs, electric powertrain etc.) within the country. We believe that the incentives allocation between ecosystem builders and buyers should be changed, and long-term viability should be enhanced. When EV infrastructure confidence substitutes subsidy dependence, EV adoption will increase at a faster rate.”Potential Effects: Accelerated EV uptake, localisation of supply-chain, investor trust.

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