It has outlined incentives to promote EV manufacturing in the State. Local manufacturing enterprises often lack the necessary resources or the motivation to invest in design developments focusing on safety. EV policies must address this issue so that legacy automakers are not demotivated from competing in the e-three-wheeler space. Future EV policies must therefore take into account the existing and emerging stakeholders on the demand and supply sides for effective implementation. With the prevailing trajectory of EVs, India must take lessons from its e-three-wheeler success story to sustain its EV ambitions.
Source: The Hindu June 01, 2022 06:26 UTC