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In a written reply to the Lok Sabha, Nitin Gadkari said battery swapping policy aims to create a framework for greater interoperability while safeguarding the innovation potential for the EV battery ecosystem.
The India, California partnership is aimed at supporting ZEV uptake in India, spurring the development of an EV industry in India and contributing to India's industrial growth, reports PTI.
Since the implementation of 2020 EV Policy in Delhi, the national capital has witnessed over 40 percent rise in sales, reports PTI.
HOP OXO and OXO-X electric motorcycle go on sale in the country with a starting price of Rs 1.25 lakh, and a range of 150 km.
This EV policy will augment revenue streams for the state and will also help in curbing the pollution. "We hope to accrue around Rs 1,110 crore every year as an outcome of EV industry growth in Haryana. The receipts expected include SGST of Rs 250 crore from charging stations, multiplier effect of Rs 167 crore and land sale of Rs 260 crore beside other duties and collections,” he said.