The recently announced Electric Vehicle Policy-2021 by the state government of Gujarat has declared multiple incentives and initiatives for the EV customers and manufacturers both.
Rising petrol prices have left the common man distressed. Day by day, every automobile company is focusing on the production of electric vehicles. Wardwizard Innovations and Mobility Ltd has laid out plans to expand its dealership network to 100, and sell 10k electric vehicles this year in Gujarat. The push for Joy e-bike comes on the back of recently announced Electric Vehicle Policy-2021 for Gujarat Outreach expansion means the company will be able to reach out to maximum customers through its 100 dealerships. Currently, that number stands at 60. Gujarat dealership network expansion plans are set to be achieved by end of FY 2021-22.
Electric Vehicle Policy 2021 In laying the groundwork for stability and growth in the Indian EV industry, it’s imperative that policies are updated as quickly as the world is evolving. Doing so helps manufacturers work on short, and long-term plans. Furthermore, subsidy and benefits’ announcements help provide the boost the industry needs. Considering the mammoth size of the Indian two-wheeler industry, it’s not difficult to see potential in the future of the electric two-wheeler industry. Furthermore, all countries are committing in some way to reach green goals in the coming decade and an EV blueprint is a dependable way to get there.
Sneha Shouche, Chief Financial Officer, Wardwizard Innovations and Mobility Ltd said, “The latest Gujarat Government’s Electric Vehicle Policy 2021 is an assurance of fast growth of electric mobility in the entire state.”