Section

Not all easy riding on EV subsidies

By Economic Times - 3 months ago
Nitin Gadkari suggests that subsidies for EV makers are no longer necessary as production costs have declined and consumer confidence has increased. While Germany and France have stopped production subsidies, they continue with purchase credits. India may need to revisit its EV subsidies considering global factors.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.