Primus Reports
Interim Budget 2024: EV ecosystem will get a boost, say auto sector analysts
01-Feb-2024
Anurag Singh, Managing Director, Primus Partners reflected on the Interim Budget FY 25 on the EV Sector. He added that the budget has focused on public mobility over personal mobility. While most bus tenders have been based on the gross cost model that presents a significant risk to the OEM/operator's end. With the introduction of the payment security mechanism, there is expected to be renewed interest in electric buses, accelerating adoption.
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