The future of electric vehicles in India
100% EV nation by 2030
Mahindra and Mahindra (M&M) LtdMahindra and Mahindra (M&M) Ltd won the order of 500 electric vehicles (EVs) from the government. (M&M) join hands with Uber for deployment of electric vehicles on the cab aggregator's platform in several cities across India
Tata motorsTata motors Ltd gets the order of 10,000 electric vehicles (EVs) from the government. Tata Motors ready to launch electric Nano vehicles in Delhi with Ola for its taxi fleet. Very soon the company also going to launch the Electric version of well known model Tata Tiago.
Ashok LeylandAshok Leyland introduced the first 'Made in India' electric bus "Circuit" last year.
Hero MotoCorpHero MotoCorp, the country's biggest two-wheeler maker, is working to rollout electric vehicles in the next 2-3 years.
OK Play India LtdOK Play India Ltd is producing e rickshaw.
JBM AutoJBM formed a joint venture with Polish firm Solaris Bus & Coach S.A. to manufacture electric buses in India.
The Future of Electric Cars
Academy of EV Technology's mission is to meet the needs of the emerging growth electric vehicle industry by providing high value services, while fostering clean, sustainable and healthy transportation to the community at large.
The objectives of the Academy of EV Technology are:
In the next 5 to 10 years, every car on sale will offer a hybrid, plug-in hybrid, or full EV variant
very soon the running cost of the vehicle could be around 20 to 30 paise per km and can attain the speed of 40-50 km per hour.
NITI Aayog make a draft policy makes is that there should be 10 per cent parking space reserved for electric vehicles at residential spaces, shopping malls and office complexes in the future.
Government EV Policies - FAME India Scheme
The Department of Heavy Industries (DHI) of Union Government has given its approval to Karnataka government for purchase of electric vehicles (EVs) under FAME India subsidised scheme.
The state will purchase 40 electric buses, 100 four wheelers and 500 three wheelers at maximum of 60% subsidy under the scheme. The subsidy support is also provided for setting up electricity charging infrastructure across state capital Bengaluru. The EVs will ply in city as public transport which will protect environment, save fossil fuel and ensure public health.
Rajya Sabha, Minister of State for Heavy Industries and Public Enterprises, Babul Supriyo said financial incentives will be given in purchase of electric buses, three-wheelers, four-wheelers and in setting up charging infrastructure for public transport.
The first phase of the FAME scheme, which was initially for a period of two years commencing from April 1, 2015 has been extended till March 31, 2018.
"In the extended period of Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India (FAME scheme), the Department of Heavy Industries has decided to give a fresh thrust to e-mobility in public transport," Supriyo said.
Accordingly, an expression of interest has been issued calling for proposals from state governments for providing a concerted push to e-mobility, he added.
"Financial incentives for purchase of electric buses, three wheelers and four wheelers and for setting up charging infrastructure for public transport and shared mobility will be given from the scheme under this special thrust," the minister said.
In a separate reply, Supriyo said that till November 30, 2017, the government has extended demand incentives to 1,63,997 hybrid/electric vehicles under FAME India Scheme.
Besides, the minister said that there is no proposal under consideration in his ministry for the country to have all electric vehicles by 2030.