Business Standard

Auto firms laud EV draft policy, but flag infra, incentive concerns

Some also pointed to the high cost of electric buses and the financial ability of state transport corporations to buy these.

Auto firms laud EV draft policy, but flag infra, incentive concerns
Premium

Shally Seth Mohile Mumbai
Automobile makers have good words for the draft policy that has set a target for at least a fourth of new vehicles sold in Delhi to be run on electricity by 2023. 

However, they are skeptical on the issue of the required charging infrastructure and the lack of clarity on the incentive each vehicle category will get under the FAME  (Faster Adoption of Manufacturing of Electric Vehicles) scheme.

Some also pointed to the high cost of electric buses and the financial ability of state transport corporations to buy these.

In its current form, the policy targets only two-wheelers and vehicles

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in