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Budget 2022: Government to roll out battery swapping policy for EVs

Electric Vehicles slowly getting into priority list of the Government

Qasim Saif | Manager <finserv@vinodkothari.com>

­­­With a growth of more than 100% in sales of Electric vehicles (EVs) from FY21 to FY22 and 9,13,532 EVs currently registered since FY12 and expected sales of 14.8 million EVs by FY30, a comprehensive framework and government support to the industry is no longer an option rather a necessity.

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