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Government Plans $4.6 Billion In Incentives For Battery Makers In Electric Vehicle Push: Report

Government plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to a government proposal seen by Reuters. A proposal drafted by NITI Aayog, chaired by Prime Minister Narendra Modi, said government […]

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