Volkswagen Nears Joint Venture with JSW to Boost India's Electric Vehicle Push In a significant development for India's electric vehicle (EV) market, German automaker Volkswagen is reportedly close to finalizing a joint venture with JSW Group, one of the country's largest steel and energy conglomerates. The partnership aims to accelerate Volkswagen's EV ambitions in India, where the government has set an ambitious target of having 30% of new car sales be electric by 2030. The joint venture is expected to provide significant funding for Volkswagen's EV push, which could help the company establish a strong presence in the Indian market and meet the growing demand for eco-friendly vehicles. The partnership would also mark a significant milestone in Volkswagen's efforts to expand its global EV footprint.
VW nears a JSW joint venture to fund India EV push Automotive World