Mr. N Nagasatyam

Executive Director

Olectra Greentech Limited

We strongly believe that the EV adoption in our country certainly needs support from the government. Though the long-term benefits of EV are multi-fold still the relatively higher cost of acquisition of an EV is a bottleneck in its adoption. We expect the government to include Electric Vehicles in Priority lending sector so that the prospective buyers can be encouraged to move towards the environment friendly transport options. The financial assistance will help in compensating the cost difference of the EVs making it more attractive for the buyers.