Government To Incentivise Domestic EV Battery Manufacturers

Saar: This move will not only help homegrown automakers like Tata Motors and Mahindra to curb the costs for their respective electric vehicles but also encourage manufacturers like Maruti Suzuki and Toyota, with both co-developing an EV battery plant in Gujarat Okay, the ‘saar’ wasn’t the shortest or the crispiest in the world but it does have a hint of promising future for EVs (electric vehicles) in India. The government, which has set itself a hugely ambitious goal of ‘all new vehicles sold in the country are electric by 2030’, has given a ray of hope to reduce the cost … Continue reading Government To Incentivise Domestic EV Battery Manufacturers