EV
Phased Manufacturing Programme to promote indigenous manufacturing of EVs: Minister
New Delhi/IBNS: The Centre has notified a Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of Electric Vehicles, its assemblies / sub-assemblies and parts / sub-parts / inputs of the sub-assemblies, Ministry of Heavy Industries said.
The PMP envisaged a graded duty structure to promote indigenous manufacturing over a period of time.
"Since Automobile is a liberalized sector and 100 percent Foreign Direct Investment (FDI) by automatic route is permitted in this sector, the Ministry of Heavy Industries is not mandated to maintain the data related to the percentage of total electric two wheeler vehicles with a minimum range lesser than 80 kilometres per charge," Minister of State for Heavy Industries Krishan Pal Gurjar said in a written reply in the Rajya Sabha on Friday.
Further, in order to increase the performance and efficiency of electric two wheelers, the Government has notified the minimum range 80 km per charge for electric two wheelers to be eligible for demand incentive under FAME India Scheme Phase-II, the minister said.
Under Phase-II of FAME India Scheme, 2.31 lakhs Electric Vehicles have been supported till 01.02.2022 since 01st April, 2019 by way of Demand Incentive amounting to Rs. 827 Cr. (approximately), he added.
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