Reducing the cost of electric vehicles
Electric Vehicles India
DECEMBER 14, 2021
The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. Drop-in battery price will result in cost reduction of electric vehicles. 15,000/KWh from Rs. for a period of five years.
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