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India Set to Entice Electric Vehicle Manufacturers with New Policy

India’s move to attract electric vehicle (EV) makers through a comprehensive EV policy is an encouraging step toward achieving its climate and energy goals. The country is keen to bolster its clean energy transition by promoting EV manufacturing and establishing itself as a key player in the global electric vehicle market.

The EV policy is designed to incentivize both domestic and international manufacturers, with a focus on streamlining production processes, reducing taxes, and subsidizing the cost of EV infrastructure. The policy aims to accelerate EV adoption by offering incentives such as subsidies for battery swapping stations, and the development of charging infrastructure across urban and rural areas. Additionally, India’s strategic push focuses on creating a local EV manufacturing ecosystem, including the production of batteries, which is a key part of the supply chain.
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https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://humansofev.info/indian-government-seeks-to-attract-tesla-and-other-ev-makers-with-potential-ev-policy-adjustments/&ved=2ahUKEwic9YCp5dSJAxUb1QIHHc2BAyoQFnoECBkQAQ&usg=AOvVaw18DYHujC5RcO7UAw4yQ_QJ




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  • Videlis Eddie

    4 d

    Woow this is amazing... It will encourage the adoption of EVs in india

    • Ann Nyambura

      3 w

      This proactive approach is crucial for achieving its ambitious climate goals

      2
      • Annett Michuki..

        2 w

        @ann_nyambura_542 it's a significant step towards environmental sustainability

      • Annett Michuki..

        3 w

        It's a great way of regulating the transportation industry emissions

        2
        • Videlis Eddie

          4 d

          @annett_michuki EVs is the silver bullet needed to cut and curb the use of other fossil fuels...

        • Tabitha Kimani

          3 w

          This action is set to increase the uptake of EVs.

          2
          • Rashid Kamau

            3 w

            By promoting electric vehicles, India can significantly reduce the number of internal combustion engine vehicles on the road.

            2
            • We Don't Have Time

              3 w

              Dear Grace Njeri Your climate love has received over 50 agrees! We have reached out to India 🇮🇳 by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

              3
              • Joseph Githinji

                3 w

                This is a great initiative that is set to create a better ground for more EVs production,which is a doorway to a sustainable future. This is a great example to the rest of the globe to adopt.

                3
                • Videlis Eddie

                  4 d

                  @joseph_githinji i agree ... The rest of the world should adopt such policies to encourage EVs in there county

                • Princess

                  3 w

                  This is a promising move in the battle against climate change and towards enhancing sustainable mobility.

                  6
                  • Videlis Eddie

                    4 d

                    @princess_nel_268 i agree

                  • walter lungayi

                    3 w

                    This is a great initiative. It signals a strong commitment to sustainable transportation as it will boost economic growth and reduce emissions, supporting its transition to cleaner energy solutions.

                    5
                    • Videlis Eddie

                      4 d

                      @walter_lungayi i hope others will adopt this

                    Re-watch all our COP29 broadcasts

                    We need to stop methane and #BuyMoreTime