Union Budget 2022 | Government to bring battery swapping policy to promote electric vehicles
The Hindu
She stated that the private sector will be encouraged to set up sustainable business models for battery or energy service and this will improve efficiency in EV ecosystem.
Finance Minister Nirmala Sitharaman on February 1 announced that the government will bring a battery swapping policy to boost use of electric vehicles in the country in view of space constraints for setting up charging stations.
“Considering the constraint space in urban areas for setting up (electric vehicles) charging stations, a battery swapping policy will be brought out and interoperability standards will be formulated,” Ms. Sitharaman said in her in the Lok Sabha.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.