New Delhi: Delhi's Electric Vehicle (EV) Policy 2026 could accelerate the transition to clean mobility, but the larger challenge for the automobile industry may emerge if similar policies are replicated across other states, according to a Morgan Stanley report.
Morgan Stanley believes the immediate financial impact on automobile manufacturers is likely to remain limited because Delhi contributes only a small share to their overall domestic sales. However, the brokerage cautioned that the broader implication lies in the possibility of other states adopting similar measures.
