India aims to become a global leader in the electric vehicle (EV) sector by 2030, with the two-wheeler segment expected to achieve this goal even earlier, according to Kamran Rizvi, Secretary of the Ministry of Heavy Industries. He also stated that EV subsidies in India will eventually come to an end, unlike in other countries such as China and the UK which are reducing or withdrawing such incentives.
The move is seen as a way to streamline processes for auto and auto parts makers who currently have to obtain separate certifications from government-affiliated testing agencies in order to qualify for incentives under FAME-II and the PLI for auto.
As far as order books are concerned, JBM Auto currently leads with 5,000 electric bus orders both from state transport undertakings and private entities. Tata Motors’ order book stands at 2,600 e-buses; it has delivered over 900. PMI, which has delivered 1,200 e-buses across the country, is sitting on an order book of about 2,500 e-buses. Switch has over 1,000 orders in hand, and EKA Mobility & Pinnacle has about 500.
Apart from Revolt Intellicorp, the six other companies found violating the norms were Hero Electric, Okinawa Autotech, Ampere Vehicles (Greaves Cotton), Benling India, Amo Mobility, and Lohia Auto.