India Considers Shifting EV Incentive Funds to Next Budget

The Indian government had set aside money to help people buy electric trucks and buses.

However, the companies that make these electric vehicles are having trouble getting the parts they need made locally, and a big order for electric buses has been delayed.

Because of these problems, the government hasn't been able to give out any of the promised money yet.

Now, one of the government ministries wants to move the money that was supposed to be used this year to next year's budget.

This is because they think most of the payments will happen in the future, and it gives the companies more time to figure out the rules for making parts in India.

The government has also decided to give companies two more years to meet these rules.