TL;DR
India's EV sector garnered $14 billion in funding by end-2025, a 27% year-on-year increase, with significant investments in battery manufacturing and charging infrastructure.
India's Electric Vehicle (EV) ecosystem has successfully attracted a substantial $14 billion in funding by the end of 2025, marking a significant 27% increase compared to the previous year, according to a report by Tracxn. This surge in investment highlights growing investor confidence and strategic targeting of high-growth segments within the EV market, such as battery manufacturing and charging infrastructure.
The report indicates that battery manufacturing alone captured 35% of the total capital, earmarked for large-scale projects and advanced cell technology development. Concurrently, charging networks received 20% of the funding, aimed at establishing 1.5 million charging points by 2027. Policy support, including extensions of FAME-III and PLI schemes, has played a crucial role in accelerating deal volumes, particularly in the latter half of 2025.
