Experts call for targeted measures to attract private multinational infrastructure providers to offer discounted services that would reduce the burden on early-stage startups.
Although the Inflation Reduction Act's 45V tax credit was critical to its formation, the new utility hopes to avoid dependence on the federal incentive.
One of the most pressing concerns in the EV industry is the inverted GST structure. Currently, manufacturers procure electrical components at 12 per cent and 18 per cent GST and mechanical parts at 28 ...