New Delhi: Led by electrical two-wheelers, the variety of electrical cars (EVs) incentivised under the popularity India plan Phase- II got to 16,15,080 till March 11, the federal government claimed onTuesday While 14,28,009 electrical two-wheelers got motivations, 1,64,523 electrical three-wheelers and 22,548 electrical four-wheelers additionally got motivations, claimed Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma, in a written reply in the Lok Sabha.
The Faster Adoption and Manufacturing of (Hybrid &&) Electric Vehicles in India (POPULARITYIndia) Scheme Phase- II was applied for a duration of 5 years from April 1, 2019, with a complete financial assistance of Rs 11,500 crore. The plan incentivises the sale of electrical cars– e-2Ws, e-3Ws and e-4Ws.
Further, gives for the release of e-buses and establishing of EV public billing terminals (EVPCS) were additionally supplied under the plan. About 6,862 electrical buses were approved for intra-city procedures under the FAME-IIScheme Out of 6,862 e-buses, 5,135 e-buses have actually been provided till February 28, the preacher notified.
Further, the Ministry of Heavy Industries had actually approved Rs 800 crore in March 2023 to 3 oil advertising firms (OMCs)– Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) for establishing 7,432 public billing terminals (COMPUTERS) at their retail electrical outlets throughout the nation.
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The ministry additionally approved an extra Rs 73.50 crore for the upgradation of 980 public billing terminals in March 2024. In enhancement, 400 billing terminals have actually additionally been approved which were allocated via EOI to various other entities in numerous states.
The federal government accepted the PLI-Auto plan on September 9, 2021, for the car and car part sector in India to improve India’s making capacities for sophisticated automobile modern technology (AAT) items with a monetary investment of Rs 25,938 crore.
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The plan recommends monetary motivations to improve residential production of AAT items with a minimal 50 percent residential worth enhancement (DVA) and bring in financial investments in the automobile production worth chain.
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The federal government onMay 12, 2021, accepted the PLI plan for production of ACC in the nation with a monetary investment of Rs 18,100 crore. The plan intends to develop an affordable residential production ecological community for 50 GWh of ACC batteries.
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The PM Electric Drive Revolution inInnovative Vehicle Enhancement( PM E-DRIVE) plan with an investment ofRs 10,900 crore was alerted in September in 2014, which intends to sustain electrical cars consisting of e-2W, e-3W, e-Trucks, e-buses, e-Ambulances, EV public billing terminals and upgradation of car screening firms.
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The PM e -(* )-Bus Sewa (PSM) plan has an investment of Payment Security Mechanism 3,435.33 crore and intends to sustain the release of greater than 38,000 electrical buses, claimed the preacher.Rs
