Budget Reaction 2023: ElectricPe

Avinash Sharma, CEO & Co-Founder, ElectricPe

“One of our primary goals at ElectricPe is to increase the adoption of e-mobility in India, thereby reducing pollution and lowering carbon emission levels. We are elated that the government has declared a target of zero carbon emissions by 2070.

The Green credit program that will incentivise companies, individuals, and local bodies to use sustainable methods will have a positive impact not only in the EV sector but across various sectors, thereby helping the nation move towards a greener and circular economy.

The step to allocate higher funds for investment in energy transition, energy security, and net zero objectives will strengthen the electric vehicle sector in India, creating more opportunities for OEMs and infrastructure players to build a stronger industry.”