Summary:
To reduce emissions and help conserve environment, the Central government has set an ambitious target of ensuring only electric vehicles (EVs) to be produced and sold in the country by 2030. are working on mass-manufacturing electric vehicles, other players in the industry are also joining hands for the cause of promoting sustainable transport. With operations in 27 cities across the country (including Hyderabad), DOT aims to reduce carbon footprint in the environment by providing EV-based solutions for first-and-last-mile deliveries. Managing Director of DOT Vineet J Mehra speaks on a range of issues concerning the industry. Most of the banks and NBFCs are apprehensive of financing EVs mainly due to the uncertain life expectancy, especially the battery life..