
Ahead of India's Union Budget 2026, the electric vehicle (EV) and automobile sectors are urging the government to introduce targeted incentives, including tax relief, easier financing, and infrastructure funding, to accelerate EV adoption and modernize intercity transport. Industry leaders emphasize support for entry-level EVs, commercial electric vehicles, and expanded charging infrastructure. They also seek clarity on GST rates to maintain EV affordability amid rising raw material costs and competitive pressures from petrol vehicles, aiming to meet the 2030 EV penetration target.
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