Anil Ambani Compay Reliance Infrastructure Planning to Enter in EV Business

Anil Ambani’s company Reliance Infrastructure, which has been facing financial difficulties for the last few years, plans to manufacture electric cars. For this business, Reliance Infrastructure has hired a former executive of China’s EV maker BYD. One from Reuters Report It has been reported quoting sources that Anil Ambani’s company has also hired consultants to…

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EV Sales to Get Massive Boost, Government to Give Subsidy of Rs 14,335 Crore

To increase the sales of electric vehicles (EV) in the country, the central government has approved two schemes worth Rs 14,335 crore. Its aim is to promote EVs including buses, ambulances and trucks and reduce pollution. These schemes include PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) and PM-eBus Sewa-Payment Security Mechanism (PSM)….

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