Need relaxation of auto PLI criteria to enable EV start-ups participation: Euler Motors

NEW DELHI, Mar 8: There is a need to relax criteria for India’s PLI scheme for automobiles to enable electric vehicle start-ups to benefit and contribute to the country’s green mobility journey, according to Euler Motors Founder & CEO Saurav Kumar. The high ceiling for revenue and investments outlined in the PLI for the auto sector has meant that a company like Euler Motors, despite being among the top players in the electric small trucks and three-wheeler cargo segment, has [...]The post Need relaxation of auto PLI criteria to enable EV start-ups participation: Euler Motors appeared first on Daily Excelsior.