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India's EV boom could save Rs 1 lakh crore in oil imports by 2030: SBI

India stands to save a staggering Rs 1 lakh crore by 2030 if electric vehicles capture 20% of the market, a recent SBI report reveals. The surge in EV adoption, accelerated by geopolitical events, saw registrations jump significantly. Howev

TOI Business 2 newsrooms Thu, 02 Jul 2026 08:05
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