EV manufacturers, startups enthused by new policies of Delhi and Telangana
DELHI : As state governments of Delhi and Telengana unveiled their respective policies to promote manufacturing and sales of electric vehicles, manufacturers and startups in the electric mobility ecosystem appreciated the efforts of both state governments. The new policies of both state governments follow the centre’ announcement to earmark ₹10000 crore for subsidies on electric vehicles and related infrastructure, through second phase of the Faster Adoption and Manufacturing of Electric Vehicle (FAME) scheme.
According to the announcements made by the Delhi government, the new policy will offer subsides worth ₹30000 crore on electric two and three-wheelers, while the same on four wheelers will be ₹1.5 lakh. The policy also envisages electric busses to form atleast 50% of the total fleet.
