Electric two-wheeler makers on Saturday termed as a phenomenal move by the government to increase subsidy for such vehicles by 50 per cent under the FAME II scheme saying it would be a game changer in the adoption of eco-friendly vehicles. The government on Friday made a partial modification of the scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II), including increasing the demand incentive for electric two-wheelers to Rs 15,000 per KWh from the earlier uniform subsidy of Rs 10,000 per KWh for all EVs, including plug in hybrids and strong hybrids except buses.
India needs about 400,000 charging stations to meet the requirement for two million Electric Vehicles (EV) that could potentially ply on its roads by 2026, said a report on Saturday. The Grant Thornton Bharat-Ficci report said for India to reach its vision of 100 per cent EVs by 2030, factors such as increasing government support, decreasing cost of technology, and distressing pollution levels, would be key to accelerate this transition. As per EV industry body - Society of Manufacturers of Electric Vehicles - there are 1,800 charging stations in India as of March 2021 for approximately 16,200 electric cars, including the fleet segment. Overall, the EV infrastructure is tightly coupled with the EV and charging station characteristics, battery technologies, and electricity markets, the report said.
India to require 400k charging stations for 2 mn EVs by 2026: Report
By IANS |
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EV chargers. Image Source: IANS
New Delhi, June 12 : India needs about 400,000 charging stations to meet the requirement for two million Electric Vehicles (EV) that could potentially ply on its roads by 2026, said a report on Saturday.
The Grant Thornton Bharat-Ficci report said for India to reach its vision of 100 per cent EVs by 2030, factors such as increasing government support, decreasing cost of technology, and distressing pollution levels, would be key to accelerate this transition.
As per EV industry body - Society of Manufacturers of Electric Vehicles - there are 1,800 charging stations in India as of March 2021 for approximately 16,200 electric cars, including the fleet segment.
The Grant Thornton Bharat-Ficci report said for India to reach its vision of 100 per cent EVs by 2030, factors such as increasing government support, decreasing cost of technology, and distressing pollution levels, would be key to accelerate this transition.