India to Spend $3.5 Billion to Fast-Track Shift to Clean Fuel Cars
Hoping to meet green energy goals and cut down on Indian cities’ air pollution while boosting its flagging auto industry, the Indian government Wednesday announced a $3.5 billion push for electric and hydrogen-fuel powered vehicles. The plan, which includes incentives for automakers to invest in clean technology cars, will allow India to “leapfrog” to environmentally cleaner vehicles, the cabinet said in a statement while announcing the effort. “It will herald a new age in higher technology, more efficient and green automotive manufacturing,” the statement said. Clean fuel vehicles so far …