Wheels Behind the EV Shift

• Honda to Open First EV Two-Wheeler Plant in Karnataka 
• Hinduja Group Commits ₹20,000 Cr to Andhra’s Energy & EV Push 
• LG Energy Solution Wins $1.4B Mercedes-Benz Contract for EV Batteries 
• OP Mobility to Invest $300M in India, Double Production 

India’s electric mobility ecosystem is gaining tangible momentum as leading global and Indian companies step up investments across manufacturing, energy, and advanced mobility solutions. What was once a policy-driven ambition is now translating into on-ground capacity creation, supply chain integration, and technology-led expansion.

Against this backdrop of accelerating progress, Industry Outlook turns the spotlight on key investments that are set to influence India’s electric mobility and industrial trajectory in the coming years.

Honda’s move to set up its first electric two-wheeler manufacturing facility in Karnataka signals a clear push toward localizing clean mobility solutions for one of the world’s largest two-wheeler markets. The decision reflects growing confidence in India’s EV demand while strengthening domestic production, employment, and supplier networks aligned with sustainable transportation.

At the regional level, Hinduja Group’s ₹20,000 crore commitment is accelerating Andhra Pradesh’s broader energy and electric mobility roadmap. With investments spanning renewable energy, EV manufacturing, and supporting infrastructure, the initiative reinforces the state’s emergence as a key destination for clean-energy-led industrial growth.

India’s expanding role in the global EV supply chain is also becoming more pronounced. LG Energy Solution’s $1.4 billion contract with Mercedes-Benz for electric vehicle batteries highlights rising trust in India-linked manufacturing capabilities and technology ecosystems. The development places the country firmly within global battery sourcing strategies.

Further strengthening this momentum, OP Mobility’s planned $300 million investment to double production capacity reflects growing demand for EV components and lightweight mobility solutions. The expansion supports both domestic adoption and export-oriented manufacturing.

Together, these investments underline how manufacturing scale, energy transition, and global partnerships are converging to shape India’s electric mobility future—positioning the country as a credible, competitive, and long-term hub for EV innovation and production.