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India Business · economictimes.indiatimes.com · Monday, 17 August 2026

India's EV exports to Europe surge 16x as Spain and the UK lead demand

India's electric-car exports jumped to 10,802 vehicles worth USD 369 million in Q1 2026-27, up from USD 22.2 million a year earlier. Europe is now the top destination, with Spain taking nearly 40% of shipments and the UK scaling from one vehicle to 2,646, signaling India's growing role in global EV supply chains.

Read the source: economictimes.indiatimes.com ↗In the 17 August issue →