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Not right to find fault with govt for lack of EV policy: Mahindra

Wednesday, June 13, 2018

Mahindra group Chairman Anand Mahindra yesterday said it would not be right to find fault with the government for lack of a "ready made" policy for electric vehicles (EVs) as it is still a new sector in the country and things would evolve gradually.

Mahindra, who was here to inaugurate Mahindra-Teri centre of excellence, said that the government recognises the importance of EVs and it takes time for things to evolve.

"It (EV) is such a new area, a new field, that it is very difficult to fault anyone for not having a ready made ideal policy in place. These things evolve," Mahindra told PTI. There is huge momentum in the government regarding the EV space and everyone is pushing forward in that direction, he added.

Mahindra said templates like policy and other relevant regulations would be created and "will come in good time".

"I think they (govt) are working with private sector to create these so, I am not unhappy at this point," he said.

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