Expect govt to favour EV sector in Budget 2023 too: Firodia Motwani, Kinetic Green

Chennai, The year that went by was significant as far as the Indian electric vehicle (EV) industry is concerned as in the three wheeler segment EV vehicles overtook the traditional fuel-powered ones, said Sulajja Firodia Motwani, Founder and CEO, Kinetic Green.

Like last year’s Union Budget which was positive for the EV industry, this year too she expects it to favour the sector.

“2022 was a significant year for the EV sector in India. The industry saw EVs outnumbering ICE (internal combustion engine) in the three-wheeler sector, a significant rise in sales of EVs, and the initiation of EV component manufacturing in the country,” Motwani said.

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