NITI Aayog pushed India to be an all EV nation by 2030 Government think-tank NITI Aayog this week recommended lowering taxes and interest rates for loans on electric vehicles. The body has also suggested capping sales of conventional cars, signaling a dramatic shift in policy in one of the world’s fastest-growing auto markets
With prices skidding electric buses on road to make a mark Aggressive bids by Tata Motors for supply of electric buses for city transport saw the prices of the vehicles drop significantly.
Electric vehicles charging stations need no licence, clarifies Power Ministry The Power Ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.
ABB to bring advanced charging solutions to India Swiss power major ABB has said it is looking at bringing to India its flash charging product which can top up electric bus battery in 17 seconds at stops while on the go.
More Electric buses coming soon in India: NITI Aayog to set EV Target for states! Instead of pushing a blanketing policy, NITI is finding new ways to inspire state transport corporations to push for electric vehicles through carbon-footprint targets that can be achieved by adding electric vehicles to their public transport force.
Government Approves Outlay of ₹55 Billion for FAME II Program Providing Subsidies for EVs The central government has approved a subsidy corpus of ₹55 billion (~$0.78 billion) to be disbursed under the second phase of Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) program. The FAME II program will be in force for five years.