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Currently YES. However all manufactures are full-throttle on R&D. Federal Income-Tax-Rebate already in. Few states (Ex: Delhi) already started rolling out incen
by ramshanker 6y ago
Currently YES. However all manufactures are full-throttle on R&D. Federal Income-Tax-Rebate already in. Few states (Ex: Delhi) already started rolling out incentives for EV purchases by reducing/removing the registration charges.
And right at the top, 2 years back, federal Transport Minister announced right in front of all car manufacturers event, to which he was invited for keynote "I am not going to allow you to sell Petrol Cars after 2030". Obviously no governemnt can last that long, but still.
Audience was like ...... aaaawwwwoooo, oh man, what do we do with all our current investment! Really gave the manufacture clear message to kick-start R&D NOW. And things have definitely started moving.
My personal guess is at least 50% sales-market-share by 2025. Domestically manufactured EVs.