India plans global EV summit in March

India is reworking its electric mobility strategy after recent supply chain shocks, including the rare-earth magnet crunch and muted traction for earlier efforts to attract major global electric vehicle (EV) makers.

- Manas Pimpalkhare

Preparatory consultations for the global EV summit have begun with the ministry of heavy industries and think tanks.

(BLOOMBERG)

As part of the new approach, government think tank Niti Aayog plans to host a Global EV Summit in March-April, an event that may see participation from leading global EV firms and top government functionaries, according to two people aware of the development and a concept note reviewed by Mint.

Preparatory consultations have begun with the ministry of heavy industries (MHI) and domestic and international experts and think tanks, the people said.

The event will be positioned as a sequel to the 2018 MOVE Summit that was inaugurated by Prime Minister Narendra Modi, as per the concept note.