For the expansion of this environment-friendly mobility, EV players want provisions for easy finance, more localisation and policy intervention in the upcoming Union Budget.
Lohia Auto is gearing up for a larger role in the electric vehicle (EV) space which it feels is going to expand in a major way in the years to come.
The company has also lined up at least 10 product launches for this year. By the end of January, the company will unveil the 2020 GLE luxury sport utility vehicle (SUV) in the country.
Sales of FAME II qualified electric 2-wheelers in April-December 2019 period stood at 3,000 units as against 48,671 units in the year-ago period when FAME I was in place, a decline of 93.84 per cent.
The revised rates stand at Rs 12.60 per kWh, down from Rs 24.60 per kWh.
Hero MotoCorp, Bajaj Auto, TVS and Honda Motorcycles have opposed the Niti Aayog's plan to push for 100 per cent electric vehicles.
Design-wise, the Tata Nexon EV looks like its conventional internal combustion engine-powered counterparts.
Gill added that the Arvind Kejriwal government has considered most of their recommendations, including the conversion of commercial ICE vehicles into electric, e-bike taxis.
With the introduction of this policy, SMEV is certain that Delhi will lead by example and more states will also emulate such measures to give a boost to the EV industry.
The industry has demanded more sops for electric vehicle, increased rural spending and more disposable income in the hands of people.
In a bid to combat rising pollution levels in the national capital, the state cabinet approved the Electric Vehicle Policy on Monday.
Battery-powered electric vehicles (EV) may be considered eco-friendly, but fuel cell electric vehicles (FCEV) leave EVs in their dust when it comes to clean technologies.
The study will form a blueprint for EV implementation across cities and countries worldwide.
Riding high on both the electric boom and start-up culture, Gemopai Electric is attempting to provide electric two-wheelers to the masses.
While the Bureau of Energy Efficiency urged to provide grant-in-aid for implementing pilot project, 80 stations in the state will now charge cars of governmentt departments.