Changes likely in India’s new EV policy, may benefit legacy car companies manish September 3, 2024
Changes likely in India’s new EV policy, may benefit legacy car companies
India is likely to make changes to its new electric vehicle (EV) policy to incentivise automakers that have already made investments in the country, people in the know told ET. This comes as US electric carmaker Tesla Inc is still to make any firm commitment on building a factory in India. The policy, which aims to accelerate the local manufacturing of high-end electric cars, currently supports only fresh investments.
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