India's EV policy faces bumpy road
· Automobile · Business Standard
India's EV policy implementation is encountering significant challenges as the government finalises its framework. The Ministry of Heavy Industries and Public Enterprises has delayed key subsidy approvals for electric vehicle manufacturers. A recent parliamentary committee report highlighted gaps in charging infrastructure across Tier 2 and Tier 3 cities. The proposed policy aims to boost EV adoption but faces resistance from traditional automakers and concerns about grid capacity.
Why it matters
The delays and infrastructure gaps could slow India's goal of achieving 30% EV penetration by 2030, affecting millions of potential buyers and domestic EV manufacturers.
Read the original report — Business Standard
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