Electric Vehicle

 JSW Group announces EV policy for its employees, free charging, and other incentives

By Amit Srivastava

Twitter: s_amit007

The acceptance of electric vehicles in India is gaining momentum as the JSW Group has come up with its Electric Vehicle (EV) policy, which comes into effect from January 1, 2022. The business conglomerate will give an incentive of up to Rs 3 lakh to its employees to buy electric two-wheelers or four-wheelers.

The company said that the EV policy aligned with India’s Nationally Determined Contributions (NDCs) and Sustainable Development Scenarios (SDS) of The International Energy Agency (IEA). 

The JSW Group promised to provide free charging stations and separate parking facilities at offices to employees who buy an electric vehicle.

Since the central and state government are providing subsidies to promote EV, the entry of private entities will give an impetus to pollution control.

In a statement, the company said, “We know that the PM Narendra Modi announced at Glasgow COP26 meeting that India endeavors to reach net-zero carbon emissions by 2070, the green initiative of JSW Group will lead to increased adoption of EVs in India.”