Current Incentives For Electric Vehicles. Nirmala sitharaman announced an ambitious plan. But there are other incentives available if you know where to look.
However, incentives/subsidies are being provided to buyers of electric vehicles in the form of an upfront reduction in the purchase price of electric vehicles. After a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share.