What do new E-truck localization conditions mean for the industry?
Earlier, these manufacturers had to localize their supply chains by September 2025, a target which was later shifted to March 2026. In March 2026, it was once again deferred to September 2026. E-bus and e-truck makers such as Tata Motors, Ashok Leyland, Montra Electric, and EKA Mobility were in talks to seek further relaxations in the localization rules under the PM E-Drive scheme, Mint reported in December 2025.
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