Centre’s EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5%

Electric mobility stocks rallied on Wednesday after the Centre made EVs the default choice for government staff-car procurement and doubled the price ceiling for electric cars to Rs 20 lakh. M&M led the gains, followed by Ola Electric, Hyundai Motor India and TVS Motor Company.

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