New Electric Vehicle Policy 2024

New Electric Vehicle Policy 2024. Two major policy updates in india’s electric vehicle ecosystem occurred in march 2024. The indian government has unveiled a significant shift in policy for the automobile sector, announcing a reduction in import duties on electric vehicles (evs).


New Electric Vehicle Policy 2024

In a transformative move towards sustainable transportation, union minister for finance & corporate affairs, smt. Centre on friday approved a new policy for electric vehicles which offers duty concessions on imported cars to companies that invest at least usd 500 million to set up manufacturing units.

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