Six leading car makers are eyeing the government’s plan to buy 10,000 electric vehicles while policy makers are considering generous fiscal incentives to make their capital and running cost cheaper than petrol cars within five years.
Broadly, the aim is to put on roads 1 million electric three-wheelers and 10,000 electric city buses by mid-2019 and make India the world leader in at least some segments of the market as the country strives to shift entirely to battery-powered transportation by 2030, government officials said.
In six to eight months, 10,000 e-vehicles are expected to be running in the national capital region. Read More…
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