How The Future Of EV’s Looks In India
The automobile industry of India has been buzzing with new advancements, innovations, and trends lately. The mention of electric vehicles, which only used to make a few heads turn till about a few years back, is gradually catching the attention of a growing population. Yes, it is true that electric vehicles are on their way to soon become a bright reality in India, paving way for a positive change. The manufacturing landscape of EVs, which solely used to be dominated by the global automakers earlier, is also now seeing a rejig, as numerous Indian automakers now take a deep dive into the electric vehicle space, tapping the growth potential that the country has in store.

Although the EV industry expected the budget to be as groundbreaking as promised, it didn't quite deliver on all fronts. this has given rise to mixed sentiments in the industry. the government announced an increase in customs duty on certain auto parts that could hurt the e-mobility segment.

On the other hand, in the hope to get people to purchase more environmentally friendly vehicles, the government has this year proposed the launch of voluntary vehicle scrappage. It aims at phasing out any commercial vehicle that’s older than 15-20 years. in this video, we will take a look at how the future of EV's looks in India.