Union Budget 2024 evokes mixed reactions among India’s EV startup industry
Thu, Feb 1, 2024 5:50 PM

Union Budget 2024 evokes mixed reactions among India’s EV startup industry

A Flip by Avya Verma
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Indian EV startups applaud the government's efforts towards promoting cleaner transportation, but express disappointment over the reduction in customer incentives and lack of clarity on subsidy schemes like FAME III. The focus on developing charging infrastructure and transitioning public transportation to EVs is seen as a major boost for the sector, with hopes for further policy support.

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