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The Economic Times

Economy / The Economic Times

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Government sharply cuts EV charger benchmark prices to boost green mobility

The government has significantly cut benchmark prices for electric vehicle chargers. This move aims to reduce subsidy expenses and speed up the installation of public charging stations nationwide. The price reductions reflect falling equipment costs and increased competition. This will help align government support with current market conditions and encourage private investment in charging networks across India.

5 Feb 2026 11:36 am