Author
The author is the CEO of Pure EV
The demand incentive has been decreased from Rs. 15,000 per kWh to Rs. 10,000 per kWh, and the cap on incentives has been lowered from 40 per cent of the ex-factory price to 15 per cent
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It is highly unlikely that the fossil fuel-powered ICE vehicles will disappear completely from Indian roads, but their dominance in the market is likely to decline significantly
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Attractive financing options would drive the sales of the EV and enable India to achieve its 2030 target
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