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India plans $4.6 bln in incentives for battery makers in EV push

India plans $4.6 bln in incentives for battery makers in EV push

India plans to offer $4.6B in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of EV’s. A proposal drafted a federal think tank said India could slash its oil import bills by as much as $40B by 2030 if electric vehicles were widely adopted. The policy could benefit battery makers such as South Korea’s LG Chem and Japan’s Panasonic.

Chris
Chris
Ron
Ron 4 weeks

Here in California they have been telling us for decades to turn our air conditioners off. So how do you feed all those electric vehicles? Nukes I guess?

kishore
kishore 4 weeks

Patty, the choice here is between gas guzzling, carbon monoxide belching vehicles and clean electric ones. Traffic pollution here is terrible. Yes, I agree we do need sewers, but clean air, I'm sure you agree is just as important.

Patty
Patty 4 weeks

PERHAPS they could feed the people and put in toilets and sewers first

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