Formula E and India’s EV Policy: Economic and Strategic Potential

Bringing together sustainability, technological advancement, and economic opportunity, Formula E supports India’s goal with job creation, foreign investments, tourism promotion, and the development of batteries and electric vehicle technology. This paper explains the advantages of Formula E in the electric vehicle ecosystem. With the Hyderabad E-Grand Prix as an example, it provides suggestions on the best possible way to incorporate such events into the economic framework of the country.