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Consumers Don’t Need any EV Subsidies Now: Bhavish Aggarwal CEO Ola Electric

  • Bhavish Aggarwal, CEO of Ola Electric, stated that Indian consumers no longer need EV subsidies.
  • He acknowledged the government's efforts in promoting EV adoption through incentives like FAME and PLI.
  • Aggarwal believes that with the maturity of the industry, direct consumer subsidies are no longer necessary.
  • He emphasized the importance of localized manufacturing and India's role in combating climate change.

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