EV Policy Got Approval From Govt, Main Objective Increase Investment in E Vehicles

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Electric Vehicle Policy

Electric Vehicle Policy : An e-vehicle policy has been launched by the Central Government to promote domestic manufacturing. The objective of which is to increase investment in e-vehicles. Under this policy, efforts have been made to provide new technology facilities to Indian consumers under the Make in India scheme.

Purpose of reducing air pollution

At the same time, the objective of operation of e-vehicles is to increase the volume of production as well as to increase the economy of the country, as well as to reduce business losses, reduce air pollution, and also to reduce the dependence on crude oil imports.

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Under this policy, the minimum investment of companies has been fixed at Rs 4,150 crore. Whereas no limit has been set on maximum investment. With this, companies have got 3 years time to start production of e-vehicles. Under this policy, companies will not be allowed more than 8000 EVs annually.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date : March 15, 2024

Posted By Sunita Verma

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