Budget 2024 : Key Insights for the future of Electric Mobility! At Montra Electric, we are excited to share the highlights of this year's budget and its implications for the electric vehicle industry. Discover how the new policies and financial allocations will drive innovation and growth in sustainable transportation. #MontraElectric #EV #Budget2024 #ElectricVehicles #Sustainability #Innovation #ecofriendly #EVRevolution #Murugappa #CommittedToBetter
The Union Budget might not have provided extensive direct support for India's EV industry, but there's plenty of positive news to look forward to! ✅ - From waiving import duties on critical minerals such as lithium and copper, significantly lowering battery production costs. - To reducing basic customs duty on copper from 5% to 2.5%, making EV production more affordable. - And regulators emphasizing local supply chains in the battery ecosystem, with India's Critical Mineral Mission poised to boost domestic production... There's a wealth of positive developments to appreciate. Swipe through the slides to learn more. ➡️ #Tivolt #UnionBudget #Ecosystem #BoostProduction #Misson #EVIndustry #Sustainability #CleanMobility #Murugappa #EVRevolution #Smallcommercialvehicles #ElectricVehicles #Mobilitysolutions.