Heavy Industries Secretary Says EV Subsidies Will End
Kamran Rizvi spoke at the 66th SIAM Annual Convention in New Delhi.
TLDR
India's Heavy Industries Secretary Kamran Rizvi stated that electric vehicle subsidies will conclude and the industry must prepare to stand on its own. He made the remarks at the 66th SIAM Annual Convention in New Delhi. Rizvi also flagged electric trucks as the next major opportunity for the industry. The announcement from the government official signals that manufacturers should plan for a future without ongoing support programs. Business Today reported the comments directly from the event.
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