Presently, road transport contributes 12% of CO2 emissions related to energy in India and plays a significant role in urban air pollution, as reported by the IEA.
In response to these environmental challenges, Indian automotive manufacturers are making significant investments in electrification, along with the Government of India’s subsidy schemes to boost electric vehicle (EV) adoption.
Remarkably, the Indian electric vehicle market is experiencing rapid expansion, with sales reaching 1,752,406 units in FY2024, representing an impressive year-on-year growth of 40.31% compared to the previous fiscal year, according to JMK Research & Analytics.
As the Indian government, both at the central and state levels has implemented various schemes to promote electric vehicle (EV) adoption, here’s all you need to know.
On October 1, 2024, the government commenced the PM E-Drive electric vehicle subsidy scheme offering upfront incentives for purchase and supporting the installation of critical EV charging infrastructure.
It is offering Rs 3,679 crore in subsidies and demand incentives to accelerate the adoption of electric two-wheelers, three-wheelers, e-ambulances, e-trucks, and other emerging EVs.
It has replaced previous flagship initiatives such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) policy, which expired in March, and the three-month Electric Mobility Promotion Scheme (EMPS), which ended on September 30, 2024.
This new initiative would fund 24.79 lakh electric two-wheelers, 3.16 lakh electric three-wheelers, and 14,028 e-buses, with Rs 500 crore for the overall budget for e-ambulances, in addition to Rs 4,391 crore being allocated for purchase.
Convenience Energy Services Limited will provide upfront incentives facilitating the establishment of essential charging infrastructure in nine cities— Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bengaluru, Pune, and Hyderabad, and supporting intercity and interstate e-buses in consultation with states.
One can get the e-vouchers which need to be signed by the buyer submitted to the dealer and uploaded on the PM E-DRIVE portal via: https://pmedrive.heavyindustries.gov /
India launched ‘E-Amrit’, a web portal on electric vehicles (EVs) at the COP26 Summit in Glasgow.
Developed by NITI Aayog, the portal provides information on EV adoption, purchase, investment opportunities, policies, and subsidies.
Additionally, it complements the UK government’s initiatives to raise awareness and sensitise consumers to EV benefits.
One can visit the official portal: https:// to seek all the information about EVs in India.
According to Niti Aayog and Writ India, about ₹7,000 crore of purchase EV subsidies is offered by states across India; find the table below to know the amount provided:
Odisha: Implemented an open permit system for electric autos.
Punjab: Proposed the establishment of special green zones in targeted cities to promote e-mobility initiatives.
Bihar: Provided toll fee waivers for electric vehicles (EVs) on select state highways.
*Inputs from Niti Aayog’s PPT ‘Overview of State Electric Vehicle Policies’*
Celebrating 15 years of love, laughter, and cherished family moments with Raj and Shilpa!
The Australian bustard, a large ground-dwelling bird, emits deep booming calls resembling a prehistoric roar.
The Delhi Electric Vehicle Policy has been extended further to benefit EV buyers in the national capital. On Thursday (November 28), the Delhi government announced its decision to extend by another four months, possibly the last time since its introduction back in 2020. The EV policy, which was initially meant for three years, has now got an extension for more than a year and will be applicable on EVs bought till March 31 next year. The subsidies and tax reliefs for EV buyers under the Delhi EV Policy will continue during this period.
The decision to extend the Delhi EV Policy comes at a time when the national capital is under the grip of severe pollution. The state government has been trying to push electric vehicles in private as well as commercial sectors to reduce vehicular emission. The decision to continue the existing policy is aimed to promote EVs amid high pollution. The state government is also formulating a fresh EV policy which is currently under discussion among stakeholders.
Atishi, Chief Minister of Delhi, made the announcement of extending the EV policy on Thursday, saying it should help in reducing vehicular emission to curb pollution levels. She said that registrations of electric vehicles in Delhi has gone up to 12 per cent from 4 per cent in 2019-20, which is the highest among all cities in India. "The policy has also been extended until March 31, 2025. I urge all Delhi residents to purchase electric vehicles in large numbers so that we can fight pollution effectively. The Delhi government is committed to this war against pollution and the electric vehicle policy is a vital part of this effort," she announced while extending the existing EV policy.
Carmakers have started to react to the Delhi government''s decision to extend the policy. JSW MG Motor, one of the top electric vehicle manufacturers in India, said it will help to boost demand for EVs i the city. "We welcome the recent decision made by the Delhi Government to extend the EV policy of exempting road tax and offering additional subsidies on purchase of EVs from Jan 1, 2024. Such progressive policies will certainly spur the demand for EVs here and will also aid in inspiring change for a healthier environment in and around the National Capital," said Satinder Singh Bajwa, Chief Commercial Officer at JSW MG Motor India. MG sells EVs like the Comet EV, Windsor EV and ZS EV as part of its electric vehicle fleet in India.
Delhi EV Policy: What it offers
The Delhi Electric Vehicle policy offers several benefits for EV buyers in the national capital. These include a 25 per cent subsidy of up to ₹5,500 on purchase of electric cycles, ₹30,000 for electric rickshaws, up to ₹30,000 for electric two-wheelers and ₹30,000 for electric light commercial vehicles. For those planning to buy an electric car also offers incentive of up to ₹1.5 lakh on a new EV. The policy had restricted the benefit on electric cars to the first thousand units. It remains to be seen if the Delhi government will extend this benefit as well.
Delhi EV Policy: A new and updated policy in the works
Delhi is all set to get a new Electric Vehicle Policy this year. The state government is planning to revise the existing policy. Delhi government is expected to include aggressive measures in the refreshed policy which will include expanding the EV infrastructure across the national capital.
The Delhi EV Policy was first launched in 2020 with an aim to reduce carbon emissions and make people aware of the benefits of using battery-powered vehicles. According to the Delhi EV cell, the city has added 4,000 EV charging points since the policy was implemented. It also has 300 electric buses in operation with another 1,500 buses to be added by the end of this year. The target of 8,000 electric buses by 2025 will help Delhi to take major step towards reducing carbon footprint and curtail vehicular pollution.
Following a cabinet meeting, Delhi Chief Minister Atishi on November 28 announced an extension of the Delhi Electric Vehicle (EV) Policy till March 31, 2025. The Delhi cabinet has agreed to prolong the EV policy and execute subsidies and road tax exemptions that have been languishing since January 1 due to poor air quality, Atishi said at a press briefing.
About Palikir electric vehicle policy
As the photovoltaic (PV) industry continues to evolve, advancements in Palikir electric vehicle policy have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Palikir electric vehicle policy for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Palikir electric vehicle policy featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
Related Contents
