5 Mutual Funds to Benefit from the EV Battery Stocks

India aims to become a manufacturing hub for electric vehicles (EVs) under its 'Make in India' initiative. The government's support for EVs comes as the country seeks to balance economic development with environmental responsibility. The global market for EV batteries is expected to grow significantly, with China currently leading in battery technology. However, India hopes to distance itself from Chinese technology and materials in order to prevent geopolitical conflict and reduce air pollution and greenhouse gas emissions.

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