New Delhi, Feb. 1 -- Manufacturers of electric vehicles (EVs) and their parts have got another nudge from the government to double down on localisation with the announcement of four special corridors for rare earth minerals, and extension of duty concessions for lithium-ion cell manufacturing and import.

Further, the allocation for production-linked incentive scheme for auto sector (PLI-Auto) for the financial year 2026-27 has been increased by 111% year-on-year to Rs.5,939 crore to promote manufacturing of electric vehicles (EVs) in India.

However, the PLI allocation for making lithium-ion cells used in EVs and battery storage systems has been cut by 45% to Rs.86 crore as companies like Ola Electric, Reliance Industries and Rajesh Expo...