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India’s EV Economy Could Support 21.7 Million Jobs by 2040: ICCT

India’s EV Economy Could Support 21.7 Million Jobs by 2040: ICCT

autherDarshan Nakhwa     calendar01 Sep 2026

Battery localisation will determine the net employment outcome, with direct manufacturing jobs potentially rising from 4.3 million to 7.2 million under the most ambitious electrification pathway.

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POLL OF THE MONTH

What will be the primary battery technology powering mainstream EVs five years from now?

What will be the primary battery technology powering mainstream EVs five years from now?

Lithium-ion

 

51.72%

Sodium-ion

 

18.01%

Solid-state

 

19.92%

None of the Above

 

3.07%

Not Invented Yet

 

7.28%

Total Votes : 261