New Delhi, Sept. 19 -- Only three automakers out of 18 have qualified for subsidies for electric buses under the government's production-linked incentive scheme for automobiles and auto parts (PLI-Auto), through which it plans to disburse nearly Rs.26,000 crore to strengthen India's clean-mobility ecosystem.
The three companies-Tata Motors, Eka Mobility and Volvo Eicher Commercial Vehicles-have collectively received approvals for eight models of e-buses, the scheme's portal showed.
India's clean-mobility push comprises various schemes such as PM E-drive and PM eBus Sewa, which aim to boost demand for cleaner buses on Indian roads. Simultaneously, the PLI-Auto scheme provides incentives to manufacturers of electric vehicles, including bu...
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