Tracxn reports India’s EV ecosystem secures $14 billion in funding by end-2025, a 27% rise from prior year. Investors target high-growth segments like batteries and charging amid policy tailwinds. Deal volume surges 1.8x in H2 2025.
Battery and Infra Lead Investment Surge
Battery manufacturing captures 35% of capital for giga-scale projects and cell tech. Charging networks receive 20% to build 1.5M points by 2027. Startups innovate in solid-state and LFP chemistries for cost parity.
Two-Wheeler and Commercial Vehicle Momentum
Two-wheeler OEMs draw 25% funding for affordable models under ₹1 lakh. Commercial fleets secure investments for last-mile e-rickshaws and cargo. Global VCs partner local firms for supply chain resilience.
Policy Catalyzes Investor Confidence
FAME-III extensions and PLI schemes boost 40% deal acceleration. States like Maharashtra and Karnataka offer land subsidies. Tracxn forecasts $25B cumulative by 2027 with export potential.
