India's green car plan prioritises electric vehicles over hybrids


  • TECH
  • Monday, 08 May 2017

The report's focus solely on electric vehicles marks a shift away from the current policy that incentivises both hybrid vehicles

NEW DELHI: India's most influential government think-tank has recommended lowering taxes and interest rates for loans on electric vehicles, while capping sales of conventional cars, signalling a dramatic shift in policy in one of the world's fastest growing auto markets. 

A draft of the 90-page blueprint, seen by Reuters, also suggests the government opens a battery plant by the end of 2018 and uses tax revenues from the sale of petrol and diesel vehicles to set up charging stations for electric vehicles.

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