The Union Cabinet approved a PLI scheme (Production-Linked Incentive) which promotes advanced technologies, chief of which is battery electric technology. The scheme, which has been within the works for a few time, offers an incentive of Rs 26,058 crore, which can be provided over a period of 5 years. Lauded for its timely introduction and therefore the benefits it’ll bring back the EV space, many industry heads have come […]
Tag: boost the EV industry
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