Charged up: Central public sector enterprises, private firms quicken EV infra plans : Rashtra News IOCL’s decision followed state-run Hindustan Petroleum Corporation's (HPCL's) announcement in mid-September that it would commission 5,000 EV charging stations in the next three years.Leading central public sector enterprises (CPSEs) and a clutch of private sector firms have firmed up plans to
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The interim budget did not mention an extension of the FAME subsidy, leaving EV makers uncertain about the future of the FAME II scheme. While the government s emphasis on wider adoption of electric public transport and expanding charging infrastructure is positive, clarity on subsidies, taxation, and details of new schemes is needed. The sector also faces challenges such as the need for ample parking space and safe charging points for light electric vehicle charging.
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