DRAFT EV POLICY

This Policy highlights the possible ways in which various national and sub-national government agencies and Public Sector Enterprises (PSEs) may provide direct and indirect financial support to Battery Providers (for the cost of batteries) and EV users (for the upfront cost of purchasing EVs), to drive EV adoption by lowering the costs of EVs for users, relative to ICE vehicles. This Policy emphasises enabling innovation in the adoption of possible business models and de-risking the investment in required infrastructure to encourage private sector participation and attract affordable financing.