Need sops for EV push: SIAM

New Delhi: Auto industry body SIAM on Friday sought sops to promote EVs and suggested the government to bring in additional incentives for scrapping of vehicles in the upcoming Budget.

The Society of Indian Automobile Manufacturers emphasised on a growth oriented Budget with focus on greater allocation for capital expenditure.

“We are expecting that the government should come up with a FAME-3 like policy. Good schemes like PLI are already in place, which we are sure will continue,” SIAM President Vinod Aggarwal told reporters here.