Electric vehicle (EV) and battery makers have been hit by recent rules on battery safety and local value addition as the shorter timeline to certify their products could affect short-term production as well as sales, according to multiple EV and battery makers. The Ministry of Road Transport and Highways recently amended the AIS156 norms, a […]
India plans $4.6 billion in incentives for battery makers in electric vehicle push: Document
A proposal drafted by NITI Aayog, a federal think tank chaired by Prime Minister Narendra Modi, said India could slash its oil import bills by as much as $40 billion by 2030 if electric vehicles were widely adopted NEW DELHI: India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing […]
