In a bold move aimed at propelling India into the forefront of electric vehicle (EV) manufacturing, the government has unveiled a groundbreaking scheme offering tax relief and incentives. This strategic initiative not only seeks to foster the growth of the domestic EV industry but also aims to entice global giants like Tesla to establish a significant presence in the country.
In a strategic move to bolster its presence in the electric vehicle (EV) market, Mahindra, the renowned homegrown four-wheeler manufacturer, has recently filed trademarks for a new set of EVs. This initiative is part of the company's larger plan to enhance its EV lineup in India, offering a diverse range of electric vehicles in the coming years.
Mahindra, a prominent player in the automotive industry, has been diligently working on its highly anticipated 5-door variant of the Thar. As the testing phase progresses, the off-road SUV has been spotted more frequently, hinting at an imminent launch. A recent development in this exciting journey comes in the form of a fresh video that has surfaced on the internet, shedding light on the vehicle's design and door-pattern setup.
India's Commerce Minister, Piyush Goyal, announced on Wednesday that the country will formulate a new policy aimed at attracting electric vehicle (EV) manufacturers and promoting increased investment in the EV sector. This move coincides with ongoing discussions between the US-based EV manufacturer, Tesla, and the Narendra Modi administration regarding the potential establishment of a factory in India.