City
Epaper

Over 13 lakh electric vehicles in use in India: Government

By ANI | Updated: July 19, 2022 20:15 IST

India has a total of 13.34 lakh electric vehicles while the number of non-electric vehicles stood at 27.81 crore, Minister of State for Heavy Industries Krishan Pal Gurjar said on Tuesday.

Open in App

India has a total of 13.34 lakh electric vehicles while the number of non-electric vehicles stood at 27.81 crore, Minister of State for Heavy Industries Krishan Pal Gurjar said on Tuesday.

In a written reply to a question in the Lok Sabha Gurjar said the centre is taking a number of steps to promote use of electric vehicles in India.

The government introduced the Faster Adoption and Manufacturing of (Hybrid and Electric Vehicles in India (FAME India) scheme in 2015 with an aim to reduce dependency on fossil fuels and address issues of vehicular emissions.

At present, Phase-II of FAME India Scheme is being implemented for a period of 5 years w.e.f. 1st April, 2019 with a total budgetary support of Rs 10,000 crore.

The Government on 12th May, 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of battery in the country. Drop in battery price will result in cost reduction of electric vehicles.

Electric vehicles are covered under Production Linked Incentive (PLI) scheme for Automobile and Auto Components, which was approved on 15th September 2021 with a budgetary outlay of Rs 25,938 crore for a period of five years.

GST on electric vehicles has been reduced from 12 per cent to 5 per cent; GST on chargers/ charging stations for electric vehicles has been reduced from 18 per cent to 5 per cent.

The Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements.

MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: PliersindiaElectric VehiclesSabhaIndiUk-indiaRepublic of indiaIndia indiaGia indiaIndia eu
Open in App

Related Stories

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

NationalTahawwur Rana Extradition: Pakistan Distances Itself From 26/11 Accused After Arrival in India

NationalIndia Expands Rafale Power: Rs 64,000 Crore Deal Cleared for Navy Fighter Jets

NationalHeatwave in India: Maharashtra, Gujarat Experience Unbearable Night and Day Time Temperature, Bengaluru Likely to Witness Rain

Business Realted Stories

BusinessMillions benefited from Ayushman health cards, now is the time for Delhi: Hardeep Puri

BusinessViksit Bharat will be driven by start-ups and innovation: IIT Madras Director

BusinessIndia sees robust 10.35 pc annual growth in domestic airline passengers in FY25

BusinessSwiggi Instamart to create dedicated 'cooperative' category on its platform, signs MoU

BusinessIDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25