India to introduce new battery swapping policy in EV push


FILE PHOTO: Traffic moves on a smoggy morning in New Delhi, India, October 23, 2020. REUTERS/Danish Siddiqui/File Photo

NEW DELHI (Reuters) - India will introduce a new policy for battery swapping to boost sales of electric vehicles (EVs), its finance minister said on Tuesday, amid a broader push by the government to meet its decarbonisation goals.

Prime Minister Narendra Modi's government plans to reduce carbon emissions by up to 35% by 2030 as part of a commitment under the Paris Climate Agreement and it wants automakers to build more EVs.

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