NEW DELHI: Commerce and Industry Minister Piyush Goyal on Friday said the electric vehicle (EV) companies present in the meeting have unanimously agreed that they would no longer need subsidies once the existing subsidy regime ends.
Stakeholders from the EV sector held deliberations with the minister here on issues pertaining to development of battery charging and swapping infrastructure.
The minister also said that companies are free to choose their own business models.
Whether they prefer to collaborate and share resources for battery swapping or sell vehicles with their own batteries, the decision is entirely up to them, he said.
"Everybody was unanimous in the room that once the existing subsidy regime comes to an end, none of them requires the subsidy to grow further. Each sector has one or the other model which makes it self-sustaining and does not call for further subsidies," Goyal told reporters when asked about the views of companies on subsidies.
Bu hikaye Millennium Post Kolkata dergisinin Kolkata 04January2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Millennium Post Kolkata dergisinin Kolkata 04January2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Akshay Was 'Removed' From 'Bhool Bhulaiyaa 2 & 3'
Kumar's absence from the sequels has been a point of discussion among fans
Prince Harry settles legal case against Rupert Murdoch's UK tabloids
NGN offers a full and unequivocal apology to Duke of Sussex
SNU BIOTALK 2025 A RESOUNDING SUCCESS
With more than 250 participants, the event celebrated the intricate world of cellular signalling
PM: 'Beti Bachao Beti Padhao' has become people-powered initiative
'OVER THE PAST DECADE'
Malda: Toto driver murdered after dispute over non-payment of fare
A toto (e-rickshaw) driver was allegedly murdered by passengers in Malda following an altercation over non-payment of fare.
Authorities mulling over initiative to track elephant herds in Dooars
REAL-TIME TRACKING VIA RADIO COLLARS
Sensex jumps 567 points, Nifty ends above 23,150 on IT, banking boost
Benchmark Sensex rebounded nearly 567 points and Nifty regained 23,150 level on Wednesday following value buying in IT and banking shares and firm global trends.
St. Xavier's University Hosts National Meet on Entrepreneurship Skills
71 scholarly works presented at the conference
CBI opposes state's death penalty appeal in High Court
RG KAR RAPE & MURDER CASE
Gangarampur: Boy dies in road mishap
A 14-year-old boy died after being hit by a tractor near the Punarbhaba Bridge on National Highway 512.
