Euler Motors calls for relaxation of auto PLI criteria to enable EV start-ups participation

Wait 5 sec.

Euler Motors, a leading electric vehicle start-up, calls for changes to India's automotive PLI scheme. Current high revenue and investment thresholds exclude promising companies like Euler Motors. Relaxing these criteria would allow EV start-ups to benefit and contribute more significantly to India's green mobility goals. The company highlights its substantial investments and employment generation as reasons for inclusion.