LMW Banner 2

Your future advertising space? Our media data

Camozzi

Your future advertising space? Our media data

Government plans to bolster the EV ecosystem

Government plans to bolster the EV ecosystem

February 2, 2024 1:43 pm

This strategic initiative focuses on both manufacturing and charging infrastructure, aiming to fortify and broaden the landscape for electric vehicles.

In a transformative move towards sustainable transportation, Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman announced an ambitious plan to bolster the electric vehicle (EV) ecosystem while presenting the Interim Budget 2024-25 in Parliament today. This strategic initiative focuses on both manufacturing and charging infrastructure, aiming to fortify and broaden the landscape for electric vehicles.

With a dedicated focus on enhancing public transportation, the government is set to encourage the widespread adoption of electric buses. This will be facilitated through the implementation of a payment security mechanism, fostering confidence among e-bus operators. The initiative is expected to invigorate the public transport network, promoting an eco-friendly and energy-efficient mode of commuting.

Advertising

Your future advertising space? Our media data

Prime Minister Shri Narendra Modi has adopted the vision of making the country carbon neutral by 2070. Keeping this in mind, the government is committed to promoting clean and environment-friendly vehicles in the country. Ministry of Heavy Industries and the Automobile Industry are ready to play their role in this direction.

This proactive step reflects the government’s commitment to fostering a cleaner and greener future, with an emphasis on building a robust foundation for the sustainable growth of the electric vehicle industry.

Cookie Consent OEM Update

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags: EV ecosystem
Webinar

Your future advertising space? Our media data

Events

India Fastener Show
Aerodef India Manufacturing Expo
ChemPro Tech India
Intralogistics and Warehousing Expo
Metal Forming Expo
amtex
Fastener Fair India
Himtex 2024
World of Photonics India
IFFE Expo
India Essen Welding and Cutting Expo

eMagazine February 2024

eMagazine February 2024

Your future advertising space? Our media data

Our Sponsors

STMCNCPilz IndiaFuji Electric IndiaBibus IndiaMallcomPMT Machines LtdIgus India Pvt LtdVega India Level LtdFenwick and RaviMMC Hardmetal Pvt LtdRadicon PowerbuildMennekesACD MachinesJupiter ElectronicsZiessMitsubishi MaterialsFietestUnited GrindingProstarm