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Govt give information about present status of electronic vehicles (e-vehicles) in India

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Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com

In Parliament, the government was asked whether the country is likely to become a center for e-vehicles within the next 5 years and if so, what is the government’s preparation for it.



Along with this, an attempt was also made to know from the government what are the challenges that the government is facing in the field of e-vehicles. At present, the craze of e-vehicles ie electronic vehicles is increasing in the country. Apart from rising petrol prices, these vehicles are a bit easier to maintain. Also Read: Small Business Credit Card: You can also take ‘Small Business Credit Card’, know about its 7 big benefits

Therefore, now the government is also working towards promoting it. During the monsoon session also, an attempt was made to know from the government about the targets set in this direction in the next five years. It has been told by the government that what steps it has taken to promote electronic vehicles in the country. Also Read: DGCA alert to passengers planning to travel abroad to check fares on airlines website DGCA Advice

The government gave this information

The opposition had asked the government whether the country is likely to become the center of e-vehicles within the next 5 years and if so, what is the government’s preparation for it. Along with this, an attempt was also made to know from the government what are the challenges that the government is facing in the field of e-vehicles. Also Read: Now you will be able to buy pizza, ice cream and coffee with bitcoin in India, this company started a new service

On behalf of the government, Minister of State for Heavy Industries Krishna Pal Gurjar answered this question. He said that the FAME scheme is being run since 2015 to promote e-vehicles or hybrid vehicles in the country. Under this scheme, a proposal for financial assistance has been made with a budget of Rs 10,000 crore.

He informed that from April 1, 2019, the scheme has been implemented for five years. Under this phase, the focus is on helping the electrification of public and shared transportation. Also Read: Know how many people in India earn Rs 100 crore annually… and how many people are poor

Incentive amount increased

Under the scheme, the government aims to provide assistance for 7090 e-buses, 5 lakh e-three wheelers, 55,000 four wheelers passenger cars and 10 lakh two wheelers through subsidy. Assistance will also be given from the government in the construction of its Lava charging stations. Also Read: EPFO: Depositing money in EPF every month can get more than Rs 1.5 crore, know how

Along with this, the Union Minister also informed that recently the cost limit under FAME II scheme has been increased from 20 percent to 40 percent. Along with this, the incentive amount has been increased from Rs 10,000 per kW to Rs 15,000 per kW. Due to this, the cost of two-wheeler e-vehicle has become at par with ICE two-wheeler.

Batteries will be made in the country itself

Along with this, in order to reduce the cost of batteries in the country, the Government of India has proposed a scheme for promotion of manufacturing of Advanced Chemistry Cells (ACC) from 12 May 2021. He said that due to the fall in battery prices, the cost of e-vehicles will come down. Also Read:LPG Cylinder New Connection: Give a missed call and get a new LPG connection, know what is the whole process?

The GST has been reduced from 12 percent to 5 percent by the government. The GST on chargers or charging stations for e-vehicles has also been reduced from 18 per cent to 5 per cent.

How many e-vehicles are there in the country at present?

The Ministry of Road Transport and National Highways has announced that green license plates are being given to battery-operated vehicles. After that they will not need a permit. The Ministry of Road Transport and Highways, in its notification, has advised the states not to take electric vehicles road tax.


This will help in reducing the initial cost of e-vehicles. He also informed that in the year 2019, there were a total of 1,61,314 e-vehicles in the country. There were 1,19,648 e-vehicles in the year 2020. He said that at present there are a total of 2,80,962 e-vehicles in the country.

 

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