Government Initiatives to Enhance Electric Vehicle Sector

The Indian Government has launched several schemes to bolster the Electric Vehicle (EV) sector, including the FAME India Phase-II, PM E-DRIVE, and various Production Linked Incentive (PLI) schemes aimed at manufacturing and infrastructure development. These initiatives focus on enhancing EV infrastructure, promoting domestic manufacturing, and supporting research and development in advanced battery technologies. Additionally, other ministries have contributed by reducing GST on EVs and mandating charging stations in new buildings.

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