India greenlights $1.3b incentive plan to boost electric vehicle adoption – Newsad

India greenlights .3b incentive plan to boost electric vehicle adoption – Newsad

NEW DELHI: India’s cabinet has approved a scheme to spend 109 billion rupees ($1.3 billion) on incentives for the adoption of electric vehicles in its efforts to curb pollution and move towards cleaner fuels. The PM Electric Drive Revolution in Innovative Vehicle Enhancement, or PM E-DRIVE, scheme will give subsidies worth 36.79 billion rupees on … Read more