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January 07,2025

Not many takers for New E-truck incentive plan

PM E-Drive scheme will be having limited impact on electrification in the truck segment as the scheme incorporates a precondition that necessitates the consumer to buy an electric truck with a certificate of deposit obtained after scrapping an old vehicle. Acc. to many truck makers, the move is not financially feasible for the truck drivers since the price gap between the two is huge.

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