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Podcast: Parley by The Hindu
Episode: Should EVs and Hybrids be treated equally for government subsidies?
Description: India’s road transport sector contributes about 12% to the country’s CO2 emissions, according to the International Energy Agency, making it the third most greenhouse gas emitting sector after energy and agriculture. The Union government has been attempting to fast track decarbonising transport for almost a decade with the introduction of the Faster Adoption and Manufacture of Hybrid and Electric Vehicles, or FAME in 2015. The third iteration of this policy is likely to be announced in this year’s Union Budget. FAME attempts to generate demand for electric vehicles (EVs) and hybrids by subsidising retail sales, encouraging the manufacture of com...