In an effort to boost EV adoption and facilitate clean energy transition, Finance Minister Nirmala Sitharaman on Tuesday announced a slew of measures focusing on the growth of green energy, electric mobility, data centres, grid-connected energy storage and supporting incentives for green bonds.
In her Budget Speech, Sitharaman said that the government will bring a battery-swapping policy to boost the use of EVs in the country and interoperability standards will be formulated.