Which of the following statements is/are correct with reference to the PLI Scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’?

Which of the following statements is/are correct with reference to the PLI Scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’?

A. The move aims to achieve a manufacturing capacity of 50 GigaWatt Hour of ACC and five Giga Watt Hour of Niche ACC with an outlay of 18,100 crore.

B. It will also give a big push to electric mobility, benefiting three-wheelers, four-wheelers and heavy vehicles.

C. Both A & B

D. None of these

Explanation:

The Union Cabinet gave approval to introduce the Production-Linked Incentive (PLI) Scheme in the 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat. The move aims to achieve a manufacturing capacity of 50 GigaWatt Hour of ACC and five Giga Watt Hour of Niche ACC with an outlay of 18,100 crore. It will also give a big push to electric mobility, benefiting three-wheelers, four-wheelers and heavy vehicles.