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What is in store for EVs in the near future?

As we all know that India is gearing up for the next big revolution in the automotive landscape by 2030- Electric Vehicles. This step has been taken by the Government of India in order to reduce vehicular pollution and over-dependence on fossil fuels.

Another bold step to prepare ourselves for this big change apart from creating the charging stations infrastructure in the country, is to make ample of demand in the market well before the EVs hit the market. One such step is to give a specific type of number plate to EVs, which will be green number plates to make them stand out as EVs have nil emissions.

Another step being taken by the Government’s premier policy making body, Niti Aayog is to create demand for EVs by reserving free parking spaces for EVs and also to give toll waivers to customers driving EVs on India roads. This policy is currently being drafted by the policy makers and will definitely create a huge pull for EVs in the automotive market.

Even though, currently only Mahindra & Mahindra has an EV in the market, other Auto companies are gearing up fast in order to adapt to this huge bomb aimed by the Government so that the transition takes place very smoothly by 2030.

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