ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Centre initiates promotion of electric vehicles; aims at boosting mobility

New Delhi [India], July 25 (ANI): With a view to provide impetus to domestic manufacturing of hybrid and electric vehicles (collectively termed as XEVs), the Government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission Plan 2020 was unveiled in 2013.

ANI Jul 25, 2017 21:34 IST googleads

Centre initiates promotion of electric vehicles; aims at boosting mobility
New Delhi [India], July 25 (ANI): With a view to provide impetus to domestic manufacturing of hybrid and electric vehicles (collectively termed as XEVs), the Government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission Plan 2020 was unveiled in 2013. This Mission Plan has been designed mainly considering the Fuel Security and Environmental Pollution in the country. In order to promote manufacturing of hybrid and electric vehicles and ensure sustainable growth of the same and as a follow up of the mission, Department of Heavy Industry has formulated a scheme namely FAME India (Faster Adoption and Manufacturing of (Hybrid and Electric Vehicles in India) for the initial period of two years starting from April 1st 2015 (Phase-1). In addition, Bureau of Energy Efficiency, Ministry of Power has informed that Ministry of Power has also notified the fuel efficiency standards for passenger cars which provide super credits for electric vehicles. As per the Gazette Notification of FAME Scheme, the scheme shall be reviewed appropriately based on the outcome and experience gained in the Phase I of this scheme. The Phase I of FAME Scheme, which was initially for a period of two years commencing from 1st April 2015, has however been extended for a period of six months till 30th September 2017, with slight modification to the extent of discontinuation of the available benefits to the Mild Hybrid technology under the scheme with effect from April 1st 2017. Ministry of Power informed that the Electric Vehicles and Plug-in Hybrid Vehicles need to draw electricity from the grid for charging of their batteries used for powering them. The country has sufficient capacity at present to meet the current requirement. This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises Babul Supriyo in reply to a written question in the Lok Sabha today. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

With India’s Fasteners Market Projected at USD 17 Billion by 2034

With India’s Fasteners Market Projected at USD 17 Billion by 2034

New Delhi [India], March 12: The Indian fasteners market continues to demonstrate strong momentum, having reached USD 11.2 billion in 2025 and is projected by the IMARC Group to surge to USD 17.0 billion by 2034, reflecting a robust CAGR of 4.67% during 2026-2034. This dynamic growth is fueled by the expansion of the automotive, construction, and industrial sectors, as well as increasing demand for high-performance, lightweight fasteners, and strategic government initiatives such as "Make in India." In this thriving context and to boost domestic manufacturing, Messe Stuttgart India has launched FASTNEX 2027 with its highly anticipated Signature Edition, set to take place from 8th to 10th February 2027 at the Bombay Exhibition Centre, Mumbai. The event stands as a crucial platform for industry professionals to showcase innovative products, access market intelligence, foster collaborations, and expand their business networks, ultimately contributing to the overall advancement of India's manufacturing sector.

Read More
Business

inDrive Launches Ride XL Category in Chandigarh

inDrive Launches Ride XL Category in Chandigarh

Chandigarh [India], March 12: inDrive, the global mobility and urban services platform known for its fair-price model and user-first approach, today announced the launch of inDrive Ride XL in Chandigarh. The new category introduces spacious 6-seater vehicles, designed to make group travel, family outings, airport transfers, and intercity journeys more comfortable while allowing passengers to negotiate and agree on a fair fare directly with drivers.

Read More
Business

O2h Group Hosts the 8th O2h Collaborative Innovation Conference

O2h Group Hosts the 8th O2h Collaborative Innovation Conference

Ahmedabad (Gujarat) [India], March 12: The 8th edition of the o2h Collaborative Innovation Conference concluded in Ahmedabad, bringing together an eclectic gathering of entrepreneurs, scientists, venture investors, policymakers and changemakers for a day of dialogue, debate and shared curiosity.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.