Indian Electric Vehicles Sector

India has made a bold move to stop conventional automotive engines by 2030. Though the move is aggressive it sets the tone for things to come in future. Government of India through the Heavy Industries ministry has launched ‘Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India’ (FAME) as a part of the National Electric Mobility Mission Plan. It offers incentives on hybrid and electric vehicles; of up to Rs. 29,000 for two-wheelers and Rs. 1.38 lakh for cars. The government will spend Rs. 795 crore in the first 2 fiscal years under this scheme.

Battery-run motorcycles and scooters will be eligible for incentives in the price range of Rs. 1,800 to Rs. 29,000, while electric/hybrid four wheeler are eligible for Rs. 13,000 to Rs. 1.38 lakh, for three wheelers and LCVs, the incentives are in the range of Rs. 3,000 to Rs. 61,000 and Rs. 17,000 to Rs. 1.87 lakh. For a electric/hybrid the incentives range from Rs. 34 lakh to Rs. 66 lakh.

Initially, the scheme is launched in metro cities and later will be extended to smart cities.

New Launches

Gemopai Electric launches Miso a mini electric bike in India

Gemopai Electric which is a joint venture between Goreen E-Mobility and Opai Electric has launched Miso, a mini electric scooter ...
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Ampere launches Reo Elite electric bike

Ampere Vehicles, subsidiary of Greaves Cotton has launched the Reo Elite, an electric scooter starting at ₹ 45,099/- (ex-Bangalore showroom ...
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Hyundai Motors launches Kona Electric SUV in India

Hyundai Motors has launched its first all-electric model in India - the Kona Electric SUV which is priced at ₹ ...
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Kirti Solar launches GoZero electric bikes in India

Kirit Solar Ltd through its Electeca division has tied up with GoZero, a British based electric bike and lifestyle brand ...
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Avan Motors launches Trend E Scooter

Avan Motors has launched Trend E scooter in the series of Xero. The bike is powered by a lithium-ion battery ...
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Avan Motors launches Xero Plus electric scooter in India

Avan Motors , a Pune based electric scooters company has launched Xero Plus electric scooter in India. The scooter is ...
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Okinawa launches new variant of Ridge scooter

Okinawa Autotech has launched a new ‘+’ variant of the Ridge e-scooter at ₹ 64,988 (ex-showroom, India). The new scooter ...
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New Developments

Nissan starts testing e-Power technology vehicles in India

Nissan Motors India is testing its e-Power technology-equipped vehicle in India as part of the strategy to enhance electric mobility ...
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Telangana government brings new policy to boost Electric Vehicles

Telangana Government has prepared an exclusive policy for electric mobility which will create a separate consumer category. The policy will ...
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ISRO to support Electric Vehicles – as India seeks a sustaining model

India is planning to have atleast 6 million electric vehicles on the road by the year 2020. However, it is ...
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Electric Vehicles – Charging stations do not need licence

For Electric vehicles needs robust infrastructure in charging stations are vital. Recognizing the need, the Power Ministry has categorised charging ...
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