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china ev manufacturing

Consider a Scheme for EV Battery Components too, Say Industry Experts

On the lines of the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) battery storage for electric vehicles (EV), the government should consider another PLI for battery components, feel industry expertsIn a survey by ACKO and YouGov India, about 66% of Indians said that EVs will surpass petrol and diesel vehicles by 2030. Also, 57% of the consumers in the country want to invest in EVs because of their practical benefits, while 56% want to purchase an EV because of its eco-friendly…