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Home Latest News

Total  15,04,012  Electric Vehicles Registered in last 2 Years in the months of  June to December

News Point Bureau by News Point Bureau
December 20, 2023
in Latest News, National
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Total  15,04,012  Electric Vehicles Registered in last 2 Years in the months of  June to December
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There is no slow-down  in the sale of electric vehicles in the country during the previous two months. Further, as per the e-vahan portal (Ministry of Road Transport & Highways), the details regarding registered electric vehicles, month-wise, is at ANNEXURE.

In order to increase the sale of electric vehicles (EVs) in the country, following steps have been taken by the Government:

  1. Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India): The Government notified Phase-II of FAME India Scheme initially for a period of 5 years w.e.f. 01st April, 2019 with a total budgetary support of Rs. 10,000 crores.
  1. Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry: The Government on 15thSeptember, 2021 approved the PLI Scheme for Automotive Sector with a budgetary outlay of Rs. 25,938 crores.  The scheme provides incentives up to 18% for electric vehicles.
  1. Production Linked Incentive (PLI) scheme, ‘National Programme on Advanced Chemistry Cells (ACC) Battery Storage’: The Government on 12thMay, 2021 approved PLI Scheme for manufacturing of ACC in thecountry with a budgetary outlay of Rs. 18,100 crore. The scheme envisages establishing a competitive ACC battery manufacturing set up in the country for 50 GWh. Additionally, 5GWh of niche ACC technologies is also covered under the Scheme.
  1. GST on electric vehicles and chargers/ charging stations for electric vehicles has been reduced to 5%.
  1. Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements.
  1. MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.

 

This information was given by the Minister of State for Heavy Industries, Shri Krishan Pal Gurjar, in a written reply in Lok Sabha.

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