News > Government approves E-vehicle policy to promote India
Government approves E-vehicle policy to promote India
15/03/2024 08:05 PM | Click to read full article
The policy is designed to attract investments by reputed global EV manufacturers and provide Indian consumers with access to the latest technology, boost the Make in India initiative, and strengthen the EV ecosystem by promoting healthy competition among EV players leading to a high volume of production, economies of scale, lower cost of production, reduce imports of crude Oil, lower trade deficit, reduce air pollution.