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

Shares of automobile and electric vehicle companies gained on Wednesday, November 11, following the Centre's decision to make electric vehicles the default choice for staff-car procurement by government ministries and departments, while doubling the Net Dealer Price (NDP) ceiling for electric cars to Rs 20 lakh. Mahindra & Mahindra (M&M) and Ola Electric Mobility emerged among the top gainers in…

First reported by The Economic Times 1 source
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  1. The Economic Times

    Centre's EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5% (opens The Economic Times in a new tab)

    Shares of automobile and electric vehicle companies gained on Wednesday, November 11, following the Centre's decision to make electric vehicles the default choice for staff-car procurement by government ministries and departments, while doubling the Net…

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