EV makers urge govt to ease PLI norms, expand charging infrastructure

As India begins the journey to popularise the adoption of electric vehicles, leading EV startups said on Thursday that the government should not only introduce standardised EV charging infrastructure across the country but also ease norms for EV manufacturing under the production-linked incentive (PLI) scheme so that startups can meet the criteria with ease.

Currently, most of the EV makers in the country are startups like Ather Energy, Bounce, Hero Electric, Okinawa Autotech and others.

To be eligible for the Rs 26,058 crore incentives under the PLI scheme for the EV industry, an automaker must have a global revenue of at least Rs 10,000 crore and have a minimum investment of Rs 3,000 crore in fixed assets.