The government will also offer financial incentives to encourage component manufacturing for EVs and proposes to bring in a dedicated policy to provide impetus to the sector
The policy also envisages electricity tax, stamp duty exemptions and subsidies on land for factories.
The corporation had submitted an application to bring 1,000 electric buses with assistance under the FAME II scheme in early July.
Hyderabad company also has plans to invest Rs 300 crore for a new manufacturing unit
This electric vehicle charging station can charge four vehicles at a time
EESL has also given a proposal to the state government to supply electric sedans on lease.
Around one million EVs are scheduled to be rolled out across all segment of vehicles by 2024
To enable proliferation of e-mobility, Amara Raja is offering Lithium ion battery packs, charging stations and fleet operation solutions as an end-to-end package to its customers
India’s embrace of electric vehicles has been disorganized, like so much else in the country
Centre has already approved a budget of around Rs 900 crore for the purpose and the process of tendering has been initiated, according to official sources
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