Indian Government is aiming to have an all-electric car fleet by 2030 and the information was revealed at the CII Annual Session 2017 by Mr Piyush Goyal, Minister of Power, New and Renewable energy. The main objective of aiming at an all-electric car fleet is to reduce fuel imports in the country and in turn that would also limit the rising air pollution levels in major cities.
The Central Minister has also revealed that the Ministry of Heavy Industries and the NITI Aayog are currently planning to draft a new policy which will help in promoting and adopting electric vehicles in India. The new policy is likely to make the prices of the electric vehicles on the same level as that of conventional fuel-powered vehicles.
Further, Mr Goyal suggested that the Government might offer subsidies to all-electric vehicles in the initial stages (say next 2-3 years), before the market economy achieves a proper scaling and becomes self-sufficient. Adding to this, he also cited Maruti Suzuki as an example and claimed that with the Government's help and support in its initial days, Maruti has managed to become the country's largest carmaker.
Currently, the Government has the FAME (Faster Adoption and Manufacturing of Hybrid and Electric vehicles) initiative that offers subsidies on hybrid and EV manufactured in India. Government is now planning to bring more subsidies to the sector, along with establishing infrastructure for the electric vehicle industry, including battery swapping programs and charging stations. This is likely to lure in more customers to the electric car industry, therefore encouraging it in the country.
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The Central Minister has also revealed that the Ministry of Heavy Industries and the NITI Aayog are currently planning to draft a new policy which will help in promoting and adopting electric vehicles in India. The new policy is likely to make the prices of the electric vehicles on the same level as that of conventional fuel-powered vehicles.
Further, Mr Goyal suggested that the Government might offer subsidies to all-electric vehicles in the initial stages (say next 2-3 years), before the market economy achieves a proper scaling and becomes self-sufficient. Adding to this, he also cited Maruti Suzuki as an example and claimed that with the Government's help and support in its initial days, Maruti has managed to become the country's largest carmaker.
Currently, the Government has the FAME (Faster Adoption and Manufacturing of Hybrid and Electric vehicles) initiative that offers subsidies on hybrid and EV manufactured in India. Government is now planning to bring more subsidies to the sector, along with establishing infrastructure for the electric vehicle industry, including battery swapping programs and charging stations. This is likely to lure in more customers to the electric car industry, therefore encouraging it in the country.
Read More - Top 5 Interesting Facts About Tesla Motors
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