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India has 877,000 registered electric vehicles, minister tells Parliament – EQ Mag Pro

India has 877,000 registered electric vehicles, minister tells Parliament – EQ Mag Pro

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Union minister of state for energy and heavy industries Krishan Pal Gurjar mentioned the federal government has taken a number of steps to encourage use of electrical automobiles

NEW DELHI: About 877,000 electrical automobiles have been on Indian roads as of December 8, minister of state for energy and heavy industries Krishan Pal Gurjar advised Lok Sabha in a written reply on Tuesday. He added incentives have been being supplied to patrons within the type of upfront reductions within the costs to advertise electrical automobiles.

Gurjar referred to 2 production-linked incentive schemes to encourage the usage of electrical vehicles. They embrace the approval for organising manufacturing amenities for superior chemistry cell batteries, battery storage in India with a producing capability of 50 Giga Watt Hour, and an outlay of ₹18,100 crore for 5 years. Gurjar mentioned there’s one other scheme for vehicle and auto parts with a budgetary outlay of ₹25,938 crore over the five-year interval.

To push the electrical automobile gross sales, the Centre launched the Quicker Adoption and Manufacturing of Electrical Autos scheme in 2015. In April 2019, it launched part II of the scheme for 5 years with complete budgetary assist of ₹10,000 crore. The federal government has additionally diminished GST on electrical automobiles from 12% to five%. It additionally diminished GST on charging infrastructure to advertise the event of charging stations.

Source: onlineev
Anand Gupta Editor - EQ Int'l Media Network