Union Finance Minister Nirmala Sitharaman unveiled the central government’s commitment to strengthen the electric vehicle ecosystem in the country. Presenting the Interim Budget in Lok Sabha, Sitharaman announced that the government will continue its support for manufacturing and charging infrastructure.
“Our Government will expand and strengthen the e-vehicle ecosystem by supporting manufacturing and charging infrastructure,” Sitharaman said during her Budget speech.
The greater focus will be on the adoption of electric buses (e-buses) for public transport networks. The ambitious payment security mechanism also found a mention in the budget.
