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HomeNewsOpinionBudget Snapshot: A shot in the arm for electric vehicles?

Budget Snapshot: A shot in the arm for electric vehicles?

Moneycontrol Opinion   •

The share of EVs in 2W registrations rose from just 0.4 per cent in FY2021 to 4.6 per cent in Q2 FY2023, but had been within a 4-6 percent range for most of the last two years

The Budget could also indicate allocations towards greater incentives for the manufacture of EV components such as batteries and cells. (Representative image)

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