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EV Budget 2024: Govt to provide support to charging infrastructure; expand EV ecosystem, says Nirmala Sitharaman

By Economic Times - 10 months ago
The interim budget announced the expansion of the electric vehicle ecosystem and support for charging infrastructure. The government aims to encourage the use of e-buses for public transport and provide entrepreneurship opportunities for vendors in manufacturing, installation, and maintenance. Last year's budget exempted capital goods and machinery for lithium-ion cell manufacturing and reduced custom duty on batteries.

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