New norms put brakes on EV firms, battery companies

Electric vehicle (EV) and battery makers have been hit by recent rules on battery safety and local value addition as the shorter timeline to certify their products could affect short-term production as well as sales, according to multiple EV and battery makers.

The Ministry of Road Transport and Highways recently amended the AIS156 norms, a stringent testing and certification standard, to ensure better safety following a spate of fire-related incidents involving EVs in summer.