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Ev Incentives: Also on offer are cash grants for EV battery cell manufacturers, the government said, adding the policies would reinforce Thailand's status as an EV manufacturing hub. "This will significantly increase the adoption of electric trucks and buses, reduce pollution from the transportation and manufacturing sectors, and support companies' moves to reach their net-zero targets," the government said.

Ev Sales: The detailed incentives are a follow-up to a December-announced tax incentives plan for imported EVs for manufacturers that match import numbers with domestically made EVs in coming years.

Fame Scheme: Subsidies for electric two, three, and four wheelers has been revised to INR 7, 048 crore, of which INR 5,311 crore is for electric two-wheelers. An allocation of INR 4,048 crore has been made for purchasing electric buses and setting up electric vehicle (EV) charging stations.

As India's auto industry eagerly awaits the interim budget, leaders voice expectations for import duty cuts, infrastructure development, policy stabil

Lohia: A comprehensive policy on the components for Electric Vehicles (EV), inclusion of commercial vehicles for incentives, clarity on the Goods and Services Tax (GST) on spare parts and consistency on the policy front, are the expectations of industry players from the forthcoming Interim Budget for transition from petrol/diesel vehicles to EVs.