Wednesday, March 05, 2025 | 10:25 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Govt aims to attract investors from Germany, UK for electric vehicles

While the government is yet to firm up the timeline of the launch of policy, there have been consultations with several countries on the matter

electric vehicle batteries, electric vehicle, EV

Photo: Bloomberg

Shreya Nandi

Listen to This Article

The government is working on a policy to boost domestic manufacturing of electric vehicles (EV), and towards this, it is trying to get foreign investors on board, a senior government official said on Thursday.

While the government is yet to firm up the timeline of the launch of policy, there have been consultations with several countries on the matter. “Consultations on new EV policy to boost investment and manufacturing underway. 

Talks understand and aim to bring all countries on board - including Italians, Korean and for Indian carmakers as well. It should be for everyone,” the official said, adding that a new EV policy will benefit Indian car makers 
 
as well.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 28 2023 | 11:19 PM IST

Explore News