Union Budget 2022 to focus on the institutional and mass adoption of EVs

By OEM Update Editorial February 17, 2022 12:02 pm IST

N.K. Rawal, Managing Director & CEO of ETO Motors says, it has carried out several high-impact EV charging infrastructure projects across the country.

“The Union Budget 2022 must focus more on the institutional and mass adoption of EVs’, especially incentivizing fleet operators, logistics players and OEMs’ who are focused on commercial logistics application. The Indian EV sector is at a nascent stage but can be a fantastic combination of Auto and Electronics that contributes to almost 7% and 16% of the GDP. The Government should look at mandating all hyper local and last mile Ecommerce/ non-Ecommerce deliveries through EVs’, rigorously deploying Carbon Credit system and encourage organization that pursue sustainable methods. Lastly, mandating Charging (slow/Infrastructure) to buildings and public places through amendment to law, and making land parcels easily available for charging station enthusiasts and business owners, will ensure that the development of the EV ecosystem is at full throttle.”

For more info, visit: Electric Mobility Solutions in India – ETO Motors