Electric vehicles policy rollout likely in April

After over a year of discussions, the final roadmap for the development of the domestic electric vehicle and hybrid vehicle (xEV) industry is likely to be unveiled by the Government in April, just missing the Budget. A meeting for the final discussions on infrastructure creation and an incentives strategy for buyers is expected between stakeholders such as the Government, industry and the academia, on February 23-24, sources said. “Among the three core areas for exchanging views, a meeting on the research and development (R&D) requirements and investment has already happened,” a top Government official told Business Line.

Source: The Hindu Business Line