https://www.taxtmi.com/news?id=74627 Electric-vehicle adoption across road-transport segments is projected to reduce dependence on imported petrol and diesel, notwithstanding continuing battery imports. Accelerated electrification could reduce vehicle-related import expenditure substantially by 2050 because reduced oil imports are expected to exceed battery-import costs. Domestic cell-manufacturing capacity may further increase savings by combining rapid vehicle electrification with battery localisation. en-us Thu, 03 Sep 2026 19:16:03 +0530 Thu, 03 Sep 2026 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74627 Electric-vehicle adoption across road-transport segments is projected to reduce dependence on imported petrol and diesel, notwithstanding continuing battery imports. Accelerated electrification could reduce vehicle-related import expenditure substantially by 2050 because reduced oil imports are expected to exceed battery-import costs. Domestic cell-manufacturing capacity may further increase savings by combining rapid vehicle electrification with battery localisation. News - Thu, 03 Sep 2026 19:16:03 +0530 https://www.taxtmi.com/news?id=74627