4 Top Stocks to Benefit from Govt.'s EV Charging Scheme with Rs10,900 Cr Allocation
India, Sept. 17 -- India's electric vehicle story is moving beyond vehicle sales, with charging infrastructure becoming a critical part of the ecosystem. As electric two-wheelers, three-wheelers, passenger vehicles and buses increase, reliable charging across cities, highways and commercial locations will become increasingly important.
What Has the Government Announced?
Under PM E-DRIVE, the government has earmarked Rs2,000 crore for public EV charging infrastructure out of the scheme's total Rs10,900 crore allocation. The programme supports EV charging stations, battery swapping stations and battery charging stations, with subsidies depending on the location and type of infrastructure.
The rollout targets around 72,000 chargers, inclu...
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