Budget 2024: What the government can do to charge up India’s EV sector
Over the last couple of years, the policy initiatives taken by the Government as well as technological development made by industry players to make electric vehicles (EVs) more affordable, have made e-mobility seem a reality from a far-reaching dream of the previous decade. In CY 2023, India’s EV segment achieved a historic milestone crossing 1.5-million-unit sales, marking almost 50% year-on-year growth.
