Policy push by Centre, states making EVs lot more affordable: Manufacturers

Along with record high fuel prices, this is helping change fence-sitters' views, they say

Incentive schemes announced by state governments and the Centre have made electric vehicles (EVs), particularly two-wheelers, very affordable and will lead to their faster adoption, said officials of various EV makers.

On Tuesday, Maharashtra joined Gujarat, Karnataka, and Delhi, among others, in announcing a comprehensive policy aimed at propelling the growth of battery-powered vehicles.

Manufacturers say such schemes have helped reduced EV prices by Rs 25,000-30,000 in some states. With petrol prices breaching the Rs 100 per litre mark in many cities and multiple product being offered in the EV space, buyers have started questioning the rationale behind opting for