New Delhi, June 23 -- India has made notable progress in localising electric vehicle (EV) manufacturing and could achieve 90-100 percent localisation in several high-value non-battery component segments by 2030, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. Key EV Components Still Depend on Imports The report, 'Beyond battery packs: Localisation in manufacturing EV components', said that while India has built strong capabilities in structural and mechanical EV components, localisation remains uneven across the value chain. Key areas such as traction motors, power electronics, vehicle control units and charging systems still rely heavily on imported parts and ra...