India’s electric vehicles push likely to benefit Chinese car makers

Banking on Britain: Mahindra group sees northern Europe as the next market for its electric cars after choosing Britain for the first stage of its expansion into Europe. — Reuters

NEW DELHI: India’s ambitious plan to push electric vehicles at the expense of other technologies could benefit Chinese car makers seeking to enter the market, but is worrying established automakers in the country who have so far focused on making hybrid models.

India’s most influential government think-tank unveiled a policy blueprint this month aimed at electrifying all vehicles in the country by 2032, in a move that is catching the attention of car makers that are already investing in electric technology in China such as BYD and SAIC.