Mumbai/New Delhi, Oct. 20 -- The battle between electric and hybrid vehicles in India has taken a fresh turn, with Uttar Pradesh-the largest state offering incentives for hybrid cars-deciding to withdraw all financial benefits for hybrids and back only pure electric vehicles (EVs).
The move marks a significant policy win for homegrown EV makers Tata Motors and Mahindra & Mahindra, and a setback for Japanese hybrid car manufacturers Toyota, Honda Cars, and Maruti Suzuki.
UP's high-level empowered electric vehicle committee (HLEEVC), led by state chief secretary Shashi Prakash Goyal, took this decision at a meeting on 10 October.
"It was observed that incentives should be strategically implemented towards encouraging the indigenous manuf...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.