New EV scheme offers Rs 10,000 for 2-wheelers, Rs 50,000 for 3-wheelers

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Consequently, the government had to take action to recover these misappropriated funds.

This substantial investment underscores the government's commitment to promoting green public transport solutions.

The initiative seeks to boost the adoption of EVs and establish essential charging infrastructure to support cleaner transportation options.

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Article Details

Category: BusinessFinance

Markets: India

Topics: EV 3 wheeler subsidy Electric buses investment EV adoption boost EV subsidy Rs 10 Electric vehicle market share Electric 3-wheeler subsidy EV GST rate EV 2-w subsidy Electric 2-wheeler support Green public transport solutions PM E-Drive scheme HD Kumaraswamy EV scheme 000 Electric vehicle subsidy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 11:22:28 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22485376

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Main Topics: BusinessFinance

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Update Frequency: 319 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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