Ensuring all sectors abide to environmental vision is crucial
By Alfred Camilleri, Director of EVPoint
Source: timesofmalta.com
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Indian Electric Bus Market to Generate $1,364.4 Million Revenue by 2025 says P&S Intelligence
(0) NEW YORK, April 8, 2021 /PRNewswire/ -- In March 2019, the Indian government formally launched the second phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme. Further, in August 2019, the government announced plans to procure 5,585 electric buses, to help clean up the environment. With such strong government support, the Indian electric bus market value is predicted to increase from $94.3 million in 2020 to $1,364.4 million by 2025, at a 48.8% CAGR between 2021 and 2025. Another such initiative is the Green Mobility Scheme, under which the governme...
Source: finanznachrichten.de