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In India, the automotive industry is a powerful engine of industrial growth. Given the growing concern about the emission worldwide, India can save 64% of anticipated passenger road-based mobility-related energy demand and 37% of carbon emissions in 2030 by pursuing a shared, electric, and connected mobility future.

In India, the automotive industry is a powerful engine of industrial growth. Given the growing concern about the emission worldwide, India can save 64% of anticipated passenger road-based mobility-related energy demand and 37% of carbon emissions in 2030 by pursuing a shared, electric, and connected mobility future. Country can see the large-scale adoption of green mobility with the support of the Government. Number of new players are also emerging in the green mobility space in segments like 2W. 3W, 4W, Commercial vehicles, battery, charging infrastructure and components.


FICCI's Engagement

Electric Mobility Committee of FICCI has been constituted with an aim to promote manufacturing and R&D of electric and other zero emission vehicle technologies in the country and to look at the development of ecosystem for these technologies. The committee looks at the sector in a holistic manner by having representation from Auto sector, Components, Power and Energy sector, Cab operator and Academia. The committee aims to enhance the efficiency, technology and global positioning of the Indian Automotive sector on the world map of green mobility.

The committee discusses policies with the various stakeholders & industry experts for recommending appropriate measures to promote green mobility. Government of India is also promoting green mobility initiatives in a major way through policies/schemes like FAME, PLI etc coupled with initiatives of State governments and the committee is working closely with the Government to further the cause of the sector.

Team Leader

Chetan Bijesure

Assistant Secretary General

Timeline

2023
Jun
Press Release

We should aim for 100 per cent transition to electric two-wheelers in next 5-7 years and Making India A Manufacturing Hub for EV: Tarun Kapoor, Advisor to Prime Minister, PMO

Study

India@2047: Electric Mobility

Event

FICCI Roundtable on Electric Mobility Launch of FICCI-YES BANK Report on India@2047 and Consultation on FAME, Exports of EV and Accelerated Roadmap for EV

Press Release

Secretary, Heavy Industries, GoI to address 'FICCI Roundtable on Electric Mobility' on 6th June 2023

2021
Press Release

FICCI welcomes govt notification to extend FAME II scheme till 2024

Press Release

FICCI Welcomes FAME 2 amendments to accelerate EV demand

2020
Jul
Press Release

Post COVID Support Required to Electric Vehicles: FICCI Recommendations to Government

Policy

Post COVID Support Required to Electric Vehicles: FICCI Recommendations to Government

May
Press Release

Change in Consumer Behavior Can Impact the Demand for EV in the Short term: FICCI

2019
Jun
Press Release

Include Battery Swapping Services under FAME-II scheme: FICCI

2018
Sep
Press Release

E-mobility to be preferred mode of road transport by next decade: Amitabh Kant, CEO, NITI Aayog

Event

Talk on Promoting Sustainable Mobility Solutions

Mar
Event

Seminar on Towards Responsible Mobility for Safe Sustainable & Green Society

2017
Dec
Event

Interactive session of Shri Anil Srivastava, Adviser (Transport) & DG, DMEO in NITI Aayog with members of FICCI Taskforce on Electric Vehicle

Events

Jun, 2023

FICCI Roundtable on Electric Mobility Launch of FICCI-YES BANK Report on India@2047 and Consultation on FAME, Exports of EV and Accelerated Roadmap for EV

Jun 06, 2023, New Delhi, 10.30 am

Sep, 2018

Talk on Promoting Sustainable Mobility Solutions

Sep 05, 2018, FICCI, New Delhi

Mar, 2018

Seminar on Towards Responsible Mobility for Safe Sustainable & Green Society

Mar 19, 2018, FICCI, New Delhi

Dec, 2017

Interactive session of Shri Anil Srivastava, Adviser (Transport) & DG, DMEO in NITI Aayog with members of FICCI Taskforce on Electric Vehicle

Dec 12, 2017, FICCI, New Delhi

Chair

Ms. Sulajja Firodia Motwani

Vice Chairperson
Kinetic Engineering Limited and
Founder & CEO
Kinetic Green Energy & Power Solutions Limited

Co-Chair

Mr Nishant Arya

Vice Chairman & Managing Director
JBM Auto Limited (A JBM Group Company)

Post COVID Support Required to Electric Vehicles: FICCI Recommendations to Government

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Autocar Professional |

Government to come out with policies to get public transport in most Indian cities

"You can look forward to very large support from the government so that not only we will see transition from diesel buses, but we will see more and more electric public transport which is missing," said Advisor to the Prime Minister Tarun Kapoor said at a FICCI Roundtable on Electric Mobility.The government will come up with policies to introduce public transport in most Indian cities, wherein the electric vehicle industry can expect generous support, Advisor to the Prime Minister Tarun Kapoor said at a FICCI Roundtable on Electric Mobility.Kapoor added that while the government will come out with policies to get public transport to most Indian cities, they will ensure this transition takes place via electricity and not diesel. "You can look forward to very large support from the government so that not only we will see transition from diesel buses, but we will see more and more electric public transport which is missing."Kapoor further stated that in case of 2-wheelers, we should aim to transition close to 100 percent in the next 5-7 years and there is no reason why we can't do it, he emphasised. "The price has come down slightly as India is a very price sensitive market and therefore, the price has to come down further. The support from the government including subsidies, taxes, and policy reforms will not take us beyond a point but it is the industry who must take it forward," he asserted.Speaking on the adoption of electric vehicles in public transport, Kapoor said that the government will come out with policies to get public transport to most of the Indian cities. We will also ensure that this happens with electric vehicles and not with diesel only. "You can look forward to very large support from the government so that not only we will see the transition from diesel buses, but we will see more and more electric public transport which is missing," he added.  He also urged the industry for more investments in battery manufacturing, along with the entire value chain of battery manufacturing. “Battery manufacturing requires more innovation and not being dependent on lithium batteries only, he added. Autocar Pro News Desk 09 Jun 2023 The primary capital raised will be used by TVS Credit to enhance its initiatives in expanding its customer base in new m... Autocar Pro News Desk 09 Jun 2023 Advanced Driver Assistance System (ADAS) incorporates functionalities such as adaptive cruise control, blind spot monito... Autocar Pro News Desk 09 Jun 2023 Consumers holding a salaried account with HSBC India will get a chance to apply for this loan to purchase an electric ve... What is the most important factor for improving safety on Indian roads?What is the most important factor for improving safety on Indian roads?Enforcement14.40%Education23.20%Engineering4.80%All of the above57.60%The highlight of the issue is the burning issue of road safety in India. Latest Auto Industry updates and News ArticlesGet all the latest updates from the automobile universe

The Economic Times |

ElectriVa to set up 12 charging points in Kanpur

The Times of India |

EVs set to raise India's import from Germany

Christmasisland News |

Government extends FAME-II scheme for two more years

The Hindu Business Line |

Govt extends FAME-II scheme by another two years

The Economic Times |

EV industry seeks higher incentives, FAME II scheme extension in Budget

Industry has sought an increase in the slab of incentives for electric three wheelers and electric two wheelers to Rs 20,000 per kWh of battery on board from Rs 10,000 per kWh at present under the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME)-II scheme. This slab is currently applicable to e-bus under the scheme.

Electric vehicle (EV) manufacturers have also asked for an extension of the scheme for two more years upto 2025 in the Budget 2021-22.

“This can be done within the existing overall budget allocation of Rs 10,000 crore as a short term booster incentive to enhance demand, since the current offtake is very low and a higher slab will help create demand and put more EVs on the road,” industry chamber FICCI said in its budget recommendations to the finance ministry.

With an outlay of Rs 10,000 crore, the FAME-II scheme came into effect from April 1, 2019 for a period of three years. It is the expanded version of the FAME-I scheme which was launched in 2015 and seeks to support 10 lakh two-wheelers, 5 lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.

The extension has been proposed on account of the fact that much time was spent in scheme implementation details and for vehicle revalidation by OEMs in 2019. The industry was hit by the Covid-19 pandemic in 2020.

Citing unutilised budget for the scheme, the industry body said: “With the FAME II policy now in implementation mode, we request extension of the FAME II scheme by two years upto 2025, to enable its impact and benefits to reach the EV buyers effectively and help in demand acceleration.”

Manufacturers have also proposed that EVs be included under Priority Lending Sector to boost financing support to them.

Referring to the requirement that all EVs under FAME are required to have lithium ion batteries, along with three year warranty on vehicle as well as the battery, FICCI suggested that this criterion can be used to protect interest of banks and lower their risk as this “adequately protects the lender throughout the loan tenor”.

They have also sought a correction in the inverted duty structure as the goods and services tax (GST) on Lithium-Ion batteries is 18% while EVs attract 5% GST and proposed a 5% tax on the batteries, same as that on EV chargers.

ELE Times |

Govt working to make India auto manufacturing hub in next 5 years: Union Minister Nitin Gadkari

Nitin Gadkari, Union Minister of Road Transport and Highways & MSME, on Friday, said that the government is working towards making India a global automobile manufacturing hub in the next five years. The government is already making policies to support the industry, he added.

Gadkari made the comments while addressing the virtual ‘Electric Mobility Conference 2020’, organized by FICCI Karnataka State Council, Gadkari said, “The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption,” he added.

The Union Minister also called the auto industry to reduce costs of the EVs in order to boost sales He stressed that the quality of the vehicles should also be maintained. He said he hoped that higher output in the automobile industry would be able to cater to the rapidly growing market. He added that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports.

“e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs,” Gadkari added.

“We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country,” he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions.

The Times of India |

Chennai-Bengaluru eway gets NHAI push in boost to logistics hubs

Giving a big push to the construction of expressways and to provide faster connectivity to upcoming logistics hubs, the National Highways Authority of India (NHAI) has invited bids for one package of the 263km Bengaluru-Chennai Expressway. The work on this four-lane expressway project, which will provide high speed and seamless connectivity to two upcoming logistics parks in Bengaluru and Chennai, will start in February or March.

This first expressway project in south India will boost logistics movement, which has gained more importance in recent times. The project has been divided into 10 packages, three each in Andhra Pradesh and Karnataka and four in Tamil Nadu. After completion, a car can travel the distance between Chennai and Bengaluru in less than two-and-a half hours.

Road transport and highways minister Nitin Gadkari told representatives of industry chamber FICCI last week that he has requested PM Modi to lay the foundation stone for the project. The NHAI has set March 2024 deadline to make this stretch operational, barely months before the next general election. The estimated cost of the project is around Rs 17,000 crore. The NHAI has set strict timelines for award and progress of all the 23 expressways and greenfield highways which have been finalised.

Hindustan Times |

Govt working to make India automobile manufacturing hub in next 5 years: Gadkari

Nitin Gadkari, Union Minister of Road Transport and Highways and MSME, on Friday, said that the government is working towards making India a global automobile manufacturing hub in the next five years.

The government is already making policies to support the industry, he added.

According to a press statement from the Ministry of Road Transport and Highways, addressing the virtual 'Electric Mobility Conference 2020', organized by FICCI Karnataka State Council, Gadkari said, "The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption."

Gadkari further called upon the automobile industry to reduce the cost of the EVs so that the sale number goes up and as the sale goes up the industry would also gain. He stressed that the quality of the vehicles should also be maintained.

According to the press statement, The Union Minister felt that with higher output the automobile industry would be able to cater to a growing market. He also said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports.

"e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs," he added.

Gadkari further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, the Minister said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025.

"We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and substitute import, pollution-free and indigenous," he emphasized.

Gadkari also said that the government is working towards making e-Highway on Delhi and Mumbai Expressway where e-buses and trucks would run.

"We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country," he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions.

"I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow," noted Gadkari.

He also emphasised promoting use of bio fuels like CNG, LNG and informed that he would soon launch tractors run on Bio-CNG.

Financial Express |

Nitin Gadkari says India to become automobile manufacturing hub in 5 years; asks EV makers to cut price

Union Minister Nitin Gadkari today said that the government is working towards making India a global automobile manufacturing hub in the next five years. Nitin Gadkari added that the government is already making policies to support the industry. Speaking at the virtual ‘Electric Mobility Conference 2020’ the minister further said that the future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption. He also urged the auto industry to cut prices of Electric Vehicles (EVs) for increasing sales.

Nitin Gadkari underlined that the automobile industry would be able to cater to a growing market with higher output as the Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports. e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country, he added. The Union Minister highlighted that EV makers must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis.

The demand for vehicles was already low in the past two years. Adding to the woes, the coronavirus pandemic further made a strong dent in the sales number. In the first quarter of this fiscal, the share of rural India in automobile retail sales increased on-year, while that of urban regions dropped. The reason was the concentration of the virus in the urban areas in Q1. Nearly 82 per cent of the caseload was in urban regions, bringing a near standstill situation in the economy. At the same time, only around 18% of the cases were present in rural areas.

However, in the second quarter, the pandemic penetrated deeper into the hinterland, and the share of fresh rural cases had doubled to around 38 per cent by September. Thus, the share of rural regions in automobile sales dropped sequentially across segments in the quarter, according to the Crisil report.

Live Mint |

Govt working to make India automobile manufacturing hub in next 5 Years: Gadkari

Nitin Gadkari, Minister of Road Transport and Highways & MSME, said the government is working towards making India a manufacturing hub for automobiles in the coming five years, globally.

Speaking at a virtual conference organised by the Federation of Indian Chambers of Commerce & Industry (FICCI) Karnataka State Council, the Union Minister also asked the automobile industry to reduce the prices of Electric Vehicles (EV) which will help the sales of EVs go up.

"The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption," said Gadkari.

When speaking of reducing the cost of EVs, he also stressed on keeping the quality of the vehicles intact as good quality vehicles at reduced costs will help the industry gain form the sales.

While Indian manufacturers are capable to create more jobs by manufacturing efficient EVs, Gadkari also said they could create more opportunities for exports. "e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment," he added.

According to a NITI Aayog report mentioned by him, India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025 in terms of manufacturing the cells. He urged FICCI to come up with an integrated approach and manufacture e-batteries in the country.

"We need to have a policy that promotes cost-effectiveness, and substitute import, pollution-free and indigenous", he added.

He spoke about a pilot project, an e-highway on the Delhi and Mumbai Expressway where e-buses and trucks can run. "Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country", he added.

Speaking of eco-friendly solutions, he asked the EV makers to procure raw materials and manufacture battery cells locally and also promote use of bio fuels like CNG, LNG and informed that he would soon launch tractors run on Bio-CNG.

Mr Ullas Kamath, Chairman, FICCI Karnataka State Council and Mr Shekhar Viswanathan, Chairman, FICCI EV Committee were also present in the Electric Mobility Conference 2020 among others.

News18 |

India can become largest EV market in world, reduce cost to increase sales: Nitin Gadkari to OEMs

Nitin Gadkari, Minister of Road Transport and Highways & MSME, Govt of India, today said that the government is working towards making India a global automobile manufacturing hub in the next five years. The government is already making policies to support the industry, he added. Addressing the virtual ‘Electric Mobility Conference 2020’, organized by FICCI Karnataka State Council, Gadkari said, “The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption,” he added.

Mr. Gadkari further called upon the automobile industry to reduce cost of the EVs so that the sale number goes up and as the sale goes up the industry would also gain. He stressed that the quality ogf the vehicles should also be maintained. Shri Gadkari felt that with higher output the automobile industry would be able to cater to growing market. He also said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports. “e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs,” he added.

He further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, Shri Gadkari said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025. “We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and substitute import, pollution-free and indigenous,” he emphasized.

Gadkari also said that the government is working towards making e-Highway on Delhi and Mumbai Expressway where e-buses and trucks would run. “We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country,” he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions. “I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow,” noted Mr Gadkari.

He also emphasised promoting use of bio fuels like CNG, LNG and informed that he would soon launch tractors run on Bio-CNG.

Business World |

Govt working to make India automobile manufacturing hub in next 5 Years: Gadkari

Nitin Gadkari, Union Minister of Road Transport and Highways and MSME, on Friday, said that the government is working towards making India a global automobile manufacturing hub in the next five years.

The government is already making policies to support the industry, he added.
According to a press statement from the Ministry of Road Transport and Highways, addressing the virtual 'Electric Mobility Conference 2020', organized by FICCI Karnataka State Council, Gadkari said, "The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption."

Gadkari further called upon the automobile industry to reduce the cost of the EVs so that the sale number goes up and as the sale goes up the industry would also gain. He stressed that the quality of the vehicles should also be maintained.

According to the press statement, The Union Minister felt that with higher output the automobile industry would be able to cater to a growing market. He also said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports.

"e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs," he added.

Gadkari further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, the Minister said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025.

"We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and substitute import, pollution-free and indigenous," he emphasized.

Gadkari also said that the government is working towards making e-Highway on Delhi and Mumbai Expressway where e-buses and trucks would run.

"We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country," he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions.

"I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow," noted Gadkari.

He also emphasised promoting use of bio fuels like CNG, LNG and informed that he would soon launch tractors run on Bio-CNG.

Tehelka |

Government working to make India automobile manufacturing hub in next 5 years: Nitin Gadkari

Union Minister Nitin Gadkari on Friday said that the government is working towards making India a global automobile manufacturing hub in the next five years. The government is already making policies to support the industry, he added.

Addressing the virtual ‘Electric Mobility Conference 2020’, organized by FICCI Karnataka State Council, Gadkari said, “The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption,” he added.

Gadkari further called upon the automobile industry to reduce cost of the EVs so that the sale number goes up and as the sale goes up the industry would also gain. He stressed that the quality of the vehicles should also be maintained. Gadkari felt that with higher output the automobile industry would be able to cater to growing market. He also said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports. “e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs,” he added.

He further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, Gadkari said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025. “We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and substitute import, pollution-free and indigenous,” he emphasized.

Gadkari also said that the government is working towards making e-Highway on Delhi and Mumbai Expressway where e-buses and trucks would run. “We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country,” he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions. “I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow,” noted Gadkari.

Gadkari also emphasised promoting use of bio fuels like CNG, LNG and informed that he would soon launch tractors run on Bio-CNG.

Business Dunia |

Govt working to make India an automobile manufacturing hub in next 5 years: Nitin Gadkari

Mr Nitin Gadkari, Minister of Road Transport and Highways & MSME, Govt of India, today said that the government is working towards making India a global automobile manufacturing hub in the next five years. The government is already making policies to support the industry, he added.

Addressing the virtual ‘Electric Mobility Conference 2020’, organized by FICCI Karnataka State Council, Mr Gadkari said, “The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption,” he added.

Mr Gadkari further said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports. “e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EV,” he added.

While responding to a suggestion by Dr Pawan Goenka, MD, Mahindra and Mahindra Limited to put EVs under Priority Sector Lending, Mr Gadkari assured of extending all necessary support. “I would suggest FICCI draft a note that I can propose to the Finance Ministry. I assure of my support in trying to get the same sanctioned,” assured Mr Gadkari.

He further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, Mr Gadkari said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025. “We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and is import substitute, pollution-free and indigenous,” he emphasized.

Mr Gadkari also said that the government is working to launch an e-Highway between Delhi and Mumbai where e-buses and trucks would run. “We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country,” he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions. “I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow,” noted Mr Gadkari.

Dr Pawan Goenka, Managing Director, Mahindra and Mahindra Limited said that India has a huge opportunity to become the world leader in the shared mobility and last-mile applications of EV to become suppliers of technology and products to the world. He said that businesses must invest in technology development and that India must have its own IPR. He also said that EVs can make a big contribution to Atmanirbhar Bharat. “With lower GST, fame incentives, and state incentives, the govt has done its bit. The onus now lies on the industry, service providers & the end-users to help in the adoption of EVs,” he added.

Mr Ullas Kamath, Chairman, FICCI Karnataka State Council & Joint MD, Jyothy Labs Limited said, “FICCI strongly feels that India must continue to encourage EVs along with all other Electrified Vehicle technologies, such as Plug-in Hybrid EV, Strong Hybrid EVs & Fuel Cell EVs along with electrification of the transport sector to lessen air pollution, achieve fuel security and technology leadership in this sector. “Karnataka is one of the first movers in adopting EV technology and had announced the policy in 2017. The Govt of Karnataka is planning to set up an EV Cluster for companies who want to invest in this sector,” he added.

Mr Shekhar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole-time Director, Toyota Kirloskar Motor Private Limited said that with the advent of GST and subsequent reduction for EVs shows that the government is fully supportive. He further added that the shift towards electrification can’t be achieved without creating a vibrant manufacturing eco-system for EV parts in the country. This is a challenge that will require collaboration between the industry, government along with state governments and conducive policies that will facilitate investment viability for local manufacturing, he noted.

Devdiscourse |

Gadkari urges FICCI to come up with integrated approach for developing EV sector

Shri Nitin Gadkari, Minister of Road Transport and Highways & MSME, Govt of India, today said that the government is working towards making India a global automobile manufacturing hub in the next five years. The government is already making policies to support the industry, he added.

Addressing the virtual 'Electric Mobility Conference 2020', organized by FICCI Karnataka State Council, Shri Gadkari said, "The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption," he added.

Mr Gadkari further called upon the automobile industry to reduce the cost of the EVs so that the sale number goes up and as the sale goes up the industry would also gain. He stressed that the quality of the vehicles should also be maintained. Shri Gadkari felt that with higher output the automobile industry would be able to cater to a growing market. He also said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports. "e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs," he added.

He further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, Shri Gadkari said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025. "We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and substitute import, pollution-free and indigenous," he emphasized.

Shri Gadkari also said that the government is working towards making e-Highway on Delhi and Mumbai Expressway where e-buses and trucks would run. "We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country," he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions. "I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow," noted Mr Gadkari.

Shri Gadkari also emphasised promoting the use of biofuels like CNG, LNG and informed that he would soon launch tractors run on Bio-CNG.

Mr Ullas Kamath, Chairman, FICCI Karnataka State Council said, "FICCI strongly feels that India must continue to encourage EVs along with all other Electrified Vehicle technologies, such as Plug-in Hybrid EV, Strong Hybrid EVs & Fuel Cell EVs along with electrification of the transport sector to lessen air pollution, achieve fuel security and technology leadership in this sector. "Karnataka is one of the first movers in adopting EV technology and had announced the policy in 2017 and is planning to set up an EV Cluster for companies who want to invest in this sector," he added.

Mr Shekhar Viswanathan, Chairman, FICCI EV Committee said that with the advent of GST and subsequent reduction for EVs shows that the government is fully supportive. He further added that the shift towards electrification can't be achieved without creating a vibrant manufacturing eco-system for EV parts in the country. This is a challenge that will require collaboration between the industry, government along with state governments and conducive policies that will facilitate investment viability for local manufacturing, he noted.

IND News |

Govt working to make India automobile manufacturing hub in next 5 years: Gadkari

Nitin Gadkari, Union Minister of Road Transport and Highways and MSME, on Friday, said that the government is working towards making India a global automobile manufacturing hub in the next five years.

The government is already making policies to support the industry, he added.

According to a press statement from the Ministry of Road Transport and Highways, addressing the virtual 'Electric Mobility Conference 2020', organized by FICCI Karnataka State Council, Gadkari said, "The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption."

Gadkari further called upon the automobile industry to reduce the cost of the EVs so that the sale number goes up and as the sale goes up the industry would also gain. He stressed that the quality of the vehicles should also be maintained.

According to the press statement, The Union Minister felt that with higher output the automobile industry would be able to cater to a growing market. He also said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports.

"e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EVs," he added.

Gadkari further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, the Minister said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025.

"We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and substitute import, pollution-free and indigenous," he emphasized.

Gadkari also said that the government is working towards making e-Highway on Delhi and Mumbai Expressway where e-buses and trucks would run.

"We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country," he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions.

"I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow," noted Gadkari.

He also emphasised promoting use of bio fuels like CNG, LNG and informed that he would soon launch tractors run on Bio-CNG.

Ten News |

Govt working to make India an automobile manufacturing hub in next 5 years: Nitin Gadkari

Nitin Gadkari, Minister of Road Transport and Highways & MSME, Govt of India, today said that the government is working towards making India a global automobile manufacturing hub in the next five years. The government is already making policies to support the industry, he added.

Addressing the virtual ‘Electric Mobility Conference 2020’, organized by FICCI Karnataka State Council, Mr Gadkari said, “The future is very bright and India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption,” he added.

Gadkari further said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports. “e-Mobility is going to be the future mode of transport with greater efficiency and less impact on the environment. Import of crude oil and air pollution are two major concerns for the country. We need to have an integrated approach for EV,” he added.

While responding to a suggestion by Dr Pawan Goenka, MD, Mahindra and Mahindra Limited to put EVs under Priority Sector Lending, Mr Gadkari assured of extending all necessary support. “I would suggest FICCI draft a note that I can propose to the Finance Ministry. I assure of my support in trying to get the same sanctioned,” assured Gadkari.

He further urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Referring to the NITI Aayog report, Gadkari said that India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025. “We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness, and is import substitute, pollution-free and indigenous,” he emphasized.

Gadkari also said that the government is working to launch an e-Highway between Delhi and Mumbai where e-buses and trucks would run. “We are going ahead with a pilot project; the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads. Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country,” he added.

EV makers, he said, must decentralize their supply chains and companies need to focus on procuring raw materials and production of battery cells locally on a continued basis. Road transport in the country is undergoing a shift and he urged everyone to adopt eco-friendly mobility solutions. “I hope to see cleaner and more sustainable innovation from the industry as we move towards a greener tomorrow,” noted Gadkari.

Dr Pawan Goenka, Managing Director, Mahindra and Mahindra Limited said that India has a huge opportunity to become the world leader in the shared mobility and last-mile applications of EV to become suppliers of technology and products to the world. He said that businesses must invest in technology development and that India must have its own IPR. He also said that EVs can make a big contribution to Atmanirbhar Bharat. “With lower GST, fame incentives, and state incentives, the govt has done its bit. The onus now lies on the industry, service providers & the end-users to help in the adoption of EVs,” he added.

Ullas Kamath, Chairman, FICCI Karnataka State Council & Joint MD, Jyothy Labs Limited said, “FICCI strongly feels that India must continue to encourage EVs along with all other Electrified Vehicle technologies, such as Plug-in Hybrid EV, Strong Hybrid EVs & Fuel Cell EVs along with electrification of the transport sector to lessen air pollution, achieve fuel security and technology leadership in this sector. “Karnataka is one of the first movers in adopting EV technology and had announced the policy in 2017. The Govt of Karnataka is planning to set up an EV Cluster for companies who want to invest in this sector,” he added.

Shekhar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole-time Director, Toyota Kirloskar Motor Private Limited said that with the advent of GST and subsequent reduction for EVs shows that the government is fully supportive. He further added that the shift towards electrification can’t be achieved without creating a vibrant manufacturing eco-system for EV parts in the country. This is a challenge that will require collaboration between the industry, government along with state governments and conducive policies that will facilitate investment viability for local manufacturing, he noted.

Plunge Daily |

India can become largest EV market in the world: Nitin Gadkari

India has the potential to become the largest Electric Vehicle (EV) market in the world as the government continues to push for EV adoption, says Nitin Gadkari, the Minister of Road Transport and Highways & MSME. He said the government is also working towards making India a global automobile manufacturing hub in the next five years.

Gadkari, addressing the virtual Electric Mobility Conference 2020, urged the automobile industry to reduce the cost of EVs so that the sale number goes up, and as the sale goes up, the industry would also gain. The minister believes that with higher output, the automobile industry would be able to cater to the growing market. He highlighted that the Indian manufacturers have the capability to make efficient EVs that can create jobs and provide opportunities for exports. “e-mobility is going to be the future mode of transport with greater efficiency and less impact on the environment,” Gadkari said. “Import of crude and air pollution are two major concerns for the country. We need to have an integrated approach for EVs.”

As such, the minister urged FICCI and other stakeholders to come up with an integrated approach towards developing the EV sector in India. Gadkari said India needs a minimum of 10 GWs per hour of cells by 2022, which will be expanded to 50 GWs by 2025. “We need to encourage the manufacturing of these cells in India. I urge the industry to think about manufacturing e-batteries in the country. We need to have a policy that promotes cost-effectiveness and substitute import, pollution-free and indigenous,” he emphasized.

Gadkari pointed out that the government is working towards making e-Highway on Delhi and Mumbai Expressway where e-buses and trucks would run. “We are going ahead with a pilot project, the Delhi-Mumbai corridor will become the lifeline of India and we plan to install new electric roads,” he said. “Electricity as a fuel is available in the country, hence mass rapid transport on electricity is the most important solution for the country.” The minister also brought to fore the need for EV makers to decentralize their supply chains. He said companies need to focus on procuring raw materials and production of battery cells locally on a continued basis.

News18 |

FICCI urges govt to extend FAME-II Scheme till 2025 to boost Electric Vehicle demand

Industry body FICCI has recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles. The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said. These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand so that India can attain leadership in EV technology and sales.

"As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade," the FICCI release said.

However, the industry body is apprehensive about the adverse impact of the introduction of this green technology due to factors such as a reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in the supply chain, among others. "There is also a likelihood of a reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers," FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles, strong hybrid electric vehicles and fuel cell electric vehicles. This would also be in line with the country's long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with the short term 'booster incentives' under the scheme for 12 months to enhance demand. "This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue the momentum," it said.

Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles. The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers. FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

“Worldwide, the automobile sector is undergoing a transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic," said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

“The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS-VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint,” he added.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee said, "The country should outline a clear nationwide policy to phase out old - pre-BS-IV ICE vehicles being used in public transport. Under this policy, a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles. The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis,"

India Times |

FICCI recommends FAME-II Extension to increase electric car sales in India

India’s goal to achieve a completely battery powered transportation in the country by 2030 experienced a hit with the COVID-19 pandemic. As a countermeasure, industry body FICCI recommended extension on FAME-II scheme till 2025 to enhance demand for electric vehicles.

The Federation of Indian Chambers of Commerce and Industry on Thursday submitted these suggestions to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government in a release.

The release urges the stakeholders in the industry to provide “immediate support” to enhance attractiveness for electric vehicles and hence generate a demand for them in the market. The release asks for both short term stimulus as well as continued investments in the sector.

As per PTI, FICCI said in its release, "As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade."

FAME-II suggestions

In its release, FICCI has asked for the continuation of FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle) scheme to 2025. During the two-year extension, FICCI also suggests short term ''booster incentives'' under the scheme for 12 months to enhance EV demand.

"This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum," the release said.

Additionally, FICCI has urged the extension of subsidies on electric two-wheelers and three-wheelers with swappable batteries, in order to encourage an EV ecosystem in the country. This will further help states to finalise EV policies considering all electrified vehicle technologies.

Another way EVs can be made more attractive for buyers is by easy financing options. FICCI has recommended that higher financing should be available by banks for these vehicles.

To propel their use in the commercial sector, FICCI suggests incentivising the e-commerce players which ensure the use of zero-emission EVs for last mile connectivity.

FICCI also recommended a push to the local production of EVs. For this, the industry body suggested a Rs 10 crore support towards building in-house R&D infrastructure for such Make-in-India products and advanced technologies.

Phasing out combustion engines

While an increased use of electric vehicles seems to be the key target, note that all these efforts are being made to bring down vehicular emissions in the country. For this, a phasing out of IC engine vehicles is also necessary.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee said:"The country should outline a clear nationwide policy to phase out old - pre-BS-IV ICE vehicles being used in public transport."

Under this policy a set of pilot cities based on pollution levels and urban congestion can be selected with a time-bound policy to mandatorily phase out polluting public transport vehicles, he said.

"The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis," he added.

Climate Samurai |

Extend FAME-II for two years to propel EV demand says FICCI to the government

FICCI on recommended various measures, including extending FAME -II scheme till 2025, to enhance demand for electric vehicles (EVs).

The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales.

“As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade,” the FICCI release said.

The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others.

“There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers,” FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles.

This would also be in line with the country’s long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with short term ‘booster incentives’ under the scheme for 12 months to enhance demand.

“This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum,” it said.

Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

“Worldwide, the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic,” said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint, he said.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee sid:”The country should outline a clear nationwide policy to phase out old – pre-BS-IV ICE vehicles being used in public transport.”

Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles, he said.

“The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis,” he added.

Iam Renew |

FICCI makes the case for extending FAME-II by 2 years

FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country.

The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways, and other relevant authorities in the government, a release from the Industry Body stated.

The association has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand so that India can attain leadership in EV technology and sales.

“As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade,” the FICCI release said.

The industry body is however apprehensive about the adverse impact of the introduction of this green technology due to factors such as a reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in the supply chain, among others.

“There is also a likelihood of a reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers,” FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles, strong hybrid electric vehicles and fuel cell electric vehicles. This would also be in line with the country’s long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with the short term ‘booster incentives’ under the scheme for 12 months to enhance demand. “This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue the momentum,” it said.

Besides, it has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move, it expects, will also encourage states to finalise EV policies considering all electrified vehicle technologies.

The association has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME-II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

“Worldwide, the automobile sector is undergoing a transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic,” said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

Saur Energy |

FICCI makes the case for extending FAME-II by 2 years

The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways, and other relevant authorities in the government, a release from the Industry Body stated.

The association has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand so that India can attain leadership in EV technology and sales.

“As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade,” the FICCI release said.

The industry body is however apprehensive about the adverse impact of the introduction of this green technology due to factors such as a reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in the supply chain, among others.

“There is also a likelihood of a reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers,” FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles, strong hybrid electric vehicles and fuel cell electric vehicles. This would also be in line with the country’s long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with the short term ‘booster incentives’ under the scheme for 12 months to enhance demand. “This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue the momentum,” it said.

Besides, it has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move, it expects, will also encourage states to finalise EV policies considering all electrified vehicle technologies.

The association has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME-II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

“Worldwide, the automobile sector is undergoing a transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic,” said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

Climate Samurai |

Extend FAME-II for two years to propel EV demand says FICCI to the government

FICCI on recommended various measures, including extending FAME -II scheme till 2025, to enhance demand for electric vehicles (EVs).

The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales.

"As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade," the FICCI release said.

The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others.

"There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers," FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles.

This would also be in line with the country’s long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with short term ‘booster incentives’ under the scheme for 12 months to enhance demand.

"This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum," it said.

Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

"Worldwide, the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic," said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint, he said.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee sid: "The country should outline a clear nationwide policy to phase out old – pre-BS-IV ICE vehicles being used in public transport."

Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles, he said.

"The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis," he added.

MG News |

FICCI urges govt to increase FAME-II for 2 years to spice up EV demand

Business physique FICCI on Thursday advisable varied measures, together with the continuation of the FAME -II scheme until 2025, to boost demand for electrical autos.

The suggestions, submitted by FICCI’s EV committee to the federal government, search rapid assist from policymakers to boost attractiveness for these autos within the brief time period and to encourage continued investments within the sector, a launch mentioned.

These recommendations have been submitted to NITI Aayog, the Division of Heavy Business, Ministry of Highway Transport and Highways and different related authorities within the authorities, it mentioned.

The trade physique has additionally requested the federal government to take sure steps urgently to stop derailment of the sector and to assist create demand, in order that India can attain management in EV know-how and gross sales.

“As demand and investments within the electrical autos sector are severely hit as a result of disruptions attributable to COVID-19, FICCI has instructed to the federal government, a collection of measures to make sure continuity of the EV development highway map and achievement of the targets as envisioned by the federal government for the sector within the subsequent decade,” the FICCI launch mentioned.

The trade physique is nevertheless apprehensive concerning the opposed impression of introduction of this inexperienced know-how as a result of components resembling discount in demand for cars, increased danger aversion amongst prospects in direction of new know-how, disruption in provide chain, amongst others.

“There may be additionally a probability of discount in demand for shared mobility resulting in diminished demand for electrical three-wheelers and postponement of investments in EV know-how by native element makers,” FICCI said.

Regardless of these brief time period setbacks, India should proceed to encourage EVs together with all different electrified automobile applied sciences, resembling plug-in hybrid electrical autos , sturdy hybrid electrical autos and gas cell electrical autos.

This might even be in keeping with the nation’s long-term imaginative and prescient in direction of electrical mobility to reduce air air pollution, obtain gas safety and know-how management on this sector, FICCI mentioned.

FICCI has sought continuation of FAME (Sooner Adoption and Manufacturing of Hybrid and Electrical Car)-II scheme for 2 extra years to 2025, together with brief time period ‘booster incentives’ underneath the scheme for 12 months to boost demand.

“This needs to be achieved inside the total current funds allocation of Rs 10,000 crore for FAME II. This booster incentive will assist create demand for EVs within the brief run and proceed momentum,” it mentioned.

Apart from, FICCI has sought extension of subsidy assist for electrical two-wheelers and electrical three-wheelers with swappable battery to encourage EV ecosystem. The transfer will even encourage states to finalise EV insurance policies contemplating all electrified automobile applied sciences.

FICCI has additionally advisable that retail financing for EVs needs to be made a part of precedence sector lending, for increased financing availability by banks to those autos.
The opposite suggestions embrace a evaluation to enhance the e-buses procurement standards and scheme design underneath FAME II with trade session to advertise e-buses, in addition to a Rs 10 crore assist in direction of establishing in-house R&D infrastructure to provide you with Make-in-India product and develop superior know-how for EV two-wheelers.

FICCI has additionally sought formulation of a coverage to incentivise all main e-commerce gamers to transform their last-mile supply operations to all-electric by 2025, in a staggered method.

"Worldwide, the auto sector is present process transformation with varied applied sciences and it’s important that India can also be part of this transformation and take a management position. Due to this fact, for modern and vibrant trade and to draw investments for newer applied sciences, it’s crucial that the federal government insurance policies are know-how agnostic,” mentioned Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Entire Time Director, Toyota Kirloskar Motors.

The important thing nationwide goal to be met is the discount of carbon emission. Simply as the federal government has correctly launched BS VI gas forward of time, India should encourage all these applied sciences that can progressively cut back carbon footprint, he mentioned.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee sid:”The nation ought to define a transparent nationwide coverage to section out outdated – pre-BS-IV ICE autos being utilized in public transport.”

Underneath this coverage a set of pilot cities (with most air pollution and concrete congestion) may be chosen with a time-bound coverage highway map to mandatorily section out polluting public transport autos, he mentioned.

“The highway map needs to be designed to incentivise automobile conversion/migration to environmentally sustainable electrified automobile applied sciences beginning with the bottom capital impression class, resembling 2/3-wheelers, adopted by public transport buses after which 4-wheeler taxis,” he added.

Business Standard |

FICCI comes up with measures to ensure continuity of EV growth roadmap

As demand and investments in the Electric Vehicles (EVs) sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the Government, a series of measures to ensure continuity of the EV growth roadmap and achievement of the targets as envisioned by the Government for the sector in the next decade. These suggestions have been submitted to NITI Aayog, Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the Government.

FICCI apprehends adverse impact on the introduction of this green technology in the country's EV sector due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, and uncertainty in oil prices due to COVID-19. There is also likelihood of reduction in demand for shared mobility leading to reduced demand for E3W and postponement of investments in EV technology by local component makers. Despite these short term setbacks, FICCI strongly feels that India must continue to encourage EVs along with all other Electrified Vehicle technologies (xEVs), such as Plug-in Hybrid Electric Vehicles (PHEVs), Strong Hybrid Electric Vehicles (SHEVs) & Fuel Cell Electric Vehicles (FCEVs) and electrification of the transport sector due to the long-term vision of our nation towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector.

PV Magazine |

Post Covid support required for electric vehicles: FICCI

The Federation of Chambers of Commerce and Industry (FICCI) has suggested to the government a series of measures to enhance demand and investments in the electric vehicle (EV) sector despite the recent Covid-prompted disruptions.

These suggestions have been submitted to government policy thinktank NITI Aayog, Department of Heavy Industry under Ministry of Road Transport and Highways, and other relevant authorities in the government.

FAME II extension and subsidy support

FICCI has recommended a two-year extension of the second phase of Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME II) scheme to 2025, along with short-term ‘Booster Incentives’ for 12 months under the scheme.

“This should be done within the overall existing budget allocation of Rs 10,000 crore for Fame II,” it said, adding “booster incentives will help create demand for EVs in the short run and continue the momentum.”

The government can consider extending subsidy support for electric two-wheelers and electric three-wheelers with swappable batteries to encourage EV eco-system creation.

Further, to increase EV uptake, FICCI recommended retail finance for electric vehicles to be made part of priority sector lending.

The government can also come up with a policy that incentivises all major e-commerce players for converting their last-mile delivery operations to all-electric by 2025, beginning with year-wise targets (20% by 2021, 50% by 2023 and 100% by 2025), it said.

R&D and Make in India

FICCI has recommended a Rs 10-crore support towards setting up in-house R&D infrastructure to come up with Make in India products and develop advanced technology for electric two-wheelers.

A clear policy that incentivizes local players to invest in battery cell manufacturing is essential for the country to move away from the import of lithium-ion cells.

Sulajja Firodia Motwani, Co-Chair of FICCI EV Committee and Founder and CEO of Kinetic Green said, “We should pitch to encourage existing auto component makers to invest in EV components and also to attract investment in India for EVs and EV components, especially battery, powertrain components like electric motors, controllers, chargers, converters, etc. For this to happen, steps must be taken urgently for demand creation for EVs. Otherwise, we will suffer a chicken-and-egg situation.”

As the government pushes for EV adoption, it needs to extend adequate and proportionate support to all xEV technologies such as plug-in hybrid electric vehicles, strong hybrid electric vehicles and fuel cell electric vehicles.

Shekar Viswanathan, Chairman, FICCI Electric Vehicle Committee and Vice Chairman & Whole Time Director, Toyota Kirloskar Motors said, “Worldwide the automobile sector is undergoing a transformation with various technologies, and it is essential that India is also a part of this change and take a leadership role.”

“Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that Government policies are technology agnostic. The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS-VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint.”

Palash Roy Chowdhury, Co-Chair, FICCI EV Committee and Co-Founder, Chairman & MD of Smart E added, “We should outline a clear nationwide policy to phase out old, pre-BS IV ICE vehicles being used in public transport. Under this policy, a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy roadmap to phase out polluting public transport vehicles mandatorily.”

“The roadmap should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2-/3-wheelers, followed by public transport buses and then four-wheeler taxis.”

SME Times |

Post COVID support required to electric vehicles: FICCI

As demand and investments in the Electric Vehicles (EVs) sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the Government, a series of measures to ensure continuity of the EV growth roadmap and achievement of the targets as envisioned by the Government for the sector in the next decade.

These suggestions have been submitted to NITI Aayog, Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the Government.

FICCI apprehends adverse impact on the introduction of this green technology in the country's EV sector due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, and uncertainty in oil prices due to COVID-19.

There is also likelihood of reduction in demand for shared mobility leading to reduced demand for E3W and postponement of investments in EV technology by local component makers.

Despite these short term setbacks, FICCI strongly feels that India must continue to encourage EVs along with all other Electrified Vehicle technologies (xEVs), such as Plug-in Hybrid Electric Vehicles (PHEVs), Strong Hybrid Electric Vehicles (SHEVs) & Fuel Cell Electric Vehicles (FCEVs) and electrification of the transport sector due to the long-term vision of our nation towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector.

FICCI EV Committee has submitted its recommendation to the government to seek immediate support from policy makers to enhance attractiveness for EVs in short term and to encourage continued investments in the sector.

FICCI has requested the government to take certain steps urgently to prevent a derailment of the sector and to help create demand; so that India can attain leadership in EV technology and sales.

Orissa Diary |

Post COVID support required to Electric Vehicles: FICCI recommendations to Government

As demand and investments in the Electric Vehicles (EVs) sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the Government, a series of measures to ensure continuity of the EV growth roadmap and achievement of the targets as envisioned by the Government for the sector in the next decade. These suggestions have been submitted to NITI Aayog, Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the Government.
FICCI apprehends adverse impact on the introduction of this green technology in the country’s EV sector due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, and uncertainty in oil prices due to COVID-19. There is also likelihood of reduction in demand for shared mobility leading to reduced demand for E3W and postponement of investments in EV technology by local component makers.

Despite these short term setbacks, FICCI strongly feels that India must continue to encourage EVs along with all other Electrified Vehicle technologies (xEVs), such as Plug-in Hybrid Electric Vehicles (PHEVs), Strong Hybrid Electric Vehicles (SHEVs) & Fuel Cell Electric Vehicles (FCEVs) and electrification of the transport sector due to the long-term vision of our nation towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector.

FICCI EV Committee has submitted its recommendation to the government to seek immediate support from policy makers to enhance attractiveness for EVs in short term and to encourage continued investments in the sector. FICCI has requested the government to take certain steps urgently to prevent a derailment of the sector and to help create demand; so that India can attain leadership in EV technology and sales.

Mr Shekar Viswanathan, Chairman, FICCI Electric Vehicle Committee and Vice Chairman & Whole Time Director, Toyota Kirloskar Motors said, “Worldwide the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that Government policies are technology agnostic. The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint.”

To ensure sustainability of EV off-take in the country as well as possible measures to attract investment for EV parts manufacturing specially in the wake of global development, Ms Sulajja Firodia Motwani, Co-Chair of FICCI EV Committee and Founder and CEO of Kinetic Green said, “We should pitch to encourage existing auto component makers to invest in EV components and also to attract investment in India for EV and EV components, especially battery, powertrain components like electric motors, controllers, chargers, converters etc. For this to happen, it is critical that steps are taken urgently for demand creation for EVs in India is created, otherwise we will suffer a chicken and egg situation.”

Mr Palash Roy Chowdhury, Co-Chair, FICCI EV Committee and Co-Founder, Chairman & MD of Smart E said, “We should outline a clear nationwide policy to phase out old – pre BS IV ICE vehicles being used in public transport. Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy roadmap to mandatorily phase out polluting public transport vehicles. The roadmap should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4W taxis.”

Majority of road-based public transport in the country continues to use large-scale ICE vehicles, including significantly high number of polluting ones. Due to vehicles not being phased out in a timely manner, our cities continue to bear the brunt of polluting vehicles while causing delays in adoption of newer, efficient mobility systems, thereby limiting the overall growth potential of emerging new technologies.

FICCI recommendations submitted to the government
  • Continuation of FAME II scheme for 2 more years to 2025, along with short term ‘Booster Incentives’ under Fame II for 12 months to enhance demand. This should be done within the overall existing budget allocation of Rs. 10,000 cr for Fame II. This booster incentive will help create demand for EVs in short run and continue momentum.
  • Extend subsidy support for E2W and E3W with Swappable Battery to encourage EV eco-system creation.
  • Encourage States to finalize EV policies considering all electrified vehicle technologies and implement EV policies already announced by the States, including waiver of Permits for EVs, which is already notified under CMVR.
  • Retail finance for Electric Vehicles should be made part of Priority Sector Lending, for higher financing availability by banks to EVs.
  • To promote e-buses, a review should be taken to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation.
  • INR 10 crores R&D support towards setting up in-house R&D Infrastructure to come up with Make in India Product and develop advanced technology for EV two wheelers
  • Create a policy/guideline to incentivise all major e-commerce players convert their last-mile delivery operations to all-electric by 2025, beginning with year-wise targets (20% by 2021, 50% by 2023 and 100% by 2025).
  • In order to ensure quality, only manufacturers with DSIR approved R&D center to be qualified to get their products approved under FAME II.
  • Extend adequate & proportionate support to all xEV technologies in order to promote investments for electric powertrain parts localisation and announce clear policy to promote battery cell manufacturing in India to incentivize local players to invest in this area and create roadmap to move away from import of lithium ion cells.

Telangana Today |

FICCI urges govt to extend FAME-II for two years

Industry body FICCI on Thursday recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles. The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said. These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales. “As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by Covid-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade,” the FICCI release said.

The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others. “There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers,” FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles. This would also be in line with the country’s long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers. FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

Whatsaup.in |

Electric Vehicles: FICCI urges govt to extend FAME-II for two years to boost EV demand

Industry body FICCI on Thursday recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles.
The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales.

"As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade," the FICCI release said.

The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others.

"There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers," FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles.

This would also be in line with the country’s long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with short term ‘booster incentives’ under the scheme for 12 months to enhance demand.

"This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum," it said.

Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.
The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

"Worldwide, the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic," said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint, he said.
Palash Roy Chowdhury, Co-chair, FICCI EV Committee sid: "The country should outline a clear nationwide policy to phase out old – pre-BS-IV ICE vehicles being used in public transport."

Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles, he said.

"The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis," he added.

Nyoooz |

Post COVID support required to Electric Vehicles FICCI recommendations to Government

There is also likelihood of reduction in demand for shared mobility leading to reduced demand for E3W and postponement of investments in EV technology by local component makers. FICCI EV Committee has submitted its recommendation to the government to seek immediate support from policy makers to enhance attractiveness for EVs in short term and to encourage continued investments in the sector. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that Government policies are technology agnostic. Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy roadmap to mandatorily phase out polluting public transport vehicles. Retail finance for Electric Vehicles should be made part of Priority Sector Lending, for higher financing availability by banks to EVs.

Devdiscourse |

FICCI urges govt to extend FAME-II for two years to boost EV demand

Industry body FICCI on Thursday recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles. The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said. The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales.

"As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade," the FICCI release said. The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others.

"There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers," FICCI stated. Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles.

This would also be in line with the country's long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said. FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with short term 'booster incentives' under the scheme for 12 months to enhance demand.

"This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum," it said. Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles. The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner. “Worldwide, the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic," said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint, he said. Palash Roy Chowdhury, Co-chair, FICCI EV Committee sid:"The country should outline a clear nationwide policy to phase out old - pre-BS-IV ICE vehicles being used in public transport." Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles, he said.

"The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis," he added.

The Times of India |

FICCI urges govt to extend FAME-II for two years to boost EV demand

Industry body FICCI on Thursday recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles.

The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales.

"As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade," the FICCI release said.

The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others.

"There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers," FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles.

This would also be in line with the country's long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing  of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with short term 'booster incentives' under the scheme for 12 months to enhance demand.

"This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum," it said.

Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

"Worldwide, the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic," said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint, he said.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee said: "The country should outline a clear nationwide policy to phase out old - pre-BS-IV ICE vehicles being used in public transport."

Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles, he said.

"The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis," he added.

Hindustan Times Auto |

To boost demand for electric vehicles, FICCI seeks extension of FAME II

Industry body FICCI on Thursday recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles.

The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales.

"As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by Covid-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade," the FICCI release said.

The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others.

"There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers," FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles.

This would also be in line with the country's long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with short term 'booster incentives' under the scheme for 12 months to enhance demand.

"This should be done within the overall existing budget allocation of ₹10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum," it said.

Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a ₹10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

“Worldwide, the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic," said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint, he said.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee sid:"The country should outline a clear nationwide policy to phase out old - pre-BS-IV ICE vehicles being used in public transport."

Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles, he said.

"The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis," he added.

Outlook |

FICCI urges govt to extend FAME-II for two years to boost EV demand

Industry body FICCI on Thursday recommended various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles.

The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said.

These suggestions have been submitted to NITI Aayog, the Department of Heavy Industry, Ministry of Road Transport and Highways and other relevant authorities in the government, it said.

The industry body has also requested the government to take certain steps urgently to prevent derailment of the sector and to help create demand, so that India can attain leadership in EV technology and sales.

"As demand and investments in the electric vehicles sector are severely hit due to disruptions caused by COVID-19, FICCI has suggested to the government, a series of measures to ensure continuity of the EV growth road map and achievement of the targets as envisioned by the government for the sector in the next decade," the FICCI release said.

The industry body is however apprehensive about the adverse impact of introduction of this green technology due to factors such as reduction in demand for automobiles, higher risk aversion among customers towards new technology, disruption in supply chain, among others.

"There is also a likelihood of reduction in demand for shared mobility leading to reduced demand for electric three-wheelers and postponement of investments in EV technology by local component makers," FICCI stated.

Despite these short term setbacks, India must continue to encourage EVs along with all other electrified vehicle technologies, such as plug-in hybrid electric vehicles , strong hybrid electric vehicles and fuel cell electric vehicles.

This would also be in line with the country's long-term vision towards electric mobility to lessen air pollution, achieve fuel security and technology leadership in this sector, FICCI said.

FICCI has sought continuation of FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicle)-II scheme for two more years to 2025, along with short term ''booster incentives'' under the scheme for 12 months to enhance demand.

"This should be done within the overall existing budget allocation of Rs 10,000 crore for FAME II. This booster incentive will help create demand for EVs in the short run and continue momentum," it said.

Besides, FICCI has sought extension of subsidy support for electric two-wheelers and electric three-wheelers with swappable battery to encourage EV ecosystem. The move will also encourage states to finalise EV policies considering all electrified vehicle technologies.

FICCI has also recommended that retail financing for EVs should be made part of priority sector lending, for higher financing availability by banks to these vehicles.

The other recommendations include a review to improve the e-buses procurement criteria and scheme design under FAME II with industry consultation to promote e-buses, as well as a Rs 10 crore support towards setting up in-house R&D infrastructure to come up with Make-in-India product and develop advanced technology for EV two-wheelers.

FICCI has also sought formulation of a policy to incentivise all major e-commerce players to convert their last-mile delivery operations to all-electric by 2025, in a staggered manner.

“Worldwide, the automobile sector is undergoing transformation with various technologies and it is essential that India is also a part of this change and take a leadership role. Therefore, for innovative and vibrant industry and to attract investments for newer technologies, it is necessary that the government policies are technology agnostic," said Shekar Viswanathan, Chairman, FICCI EV Committee and Vice Chairman and Whole Time Director, Toyota Kirloskar Motors.

The key national objective to be met is the reduction of carbon emission. Just as the government has wisely introduced BS VI fuel ahead of time, India must encourage all those technologies that will progressively reduce carbon footprint, he said.

Palash Roy Chowdhury, Co-chair, FICCI EV Committee sid:"The country should outline a clear nationwide policy to phase out old - pre-BS-IV ICE vehicles being used in public transport."

Under this policy a set of pilot cities (with most pollution and urban congestion) can be selected with a time-bound policy road map to mandatorily phase out polluting public transport vehicles, he said.

"The road map should be designed to incentivise vehicle conversion/migration to environmentally sustainable electrified vehicle technologies starting with the lowest capital impact category, such as 2/3-wheelers, followed by public transport buses and then 4-wheeler taxis," he added.

PV Magazine |

Covid-19 can impact electric vehicle demand

Industry body FICCI has recommended an extension of the FAME II Scheme by at least one year to 2023 as it feels change in the consumer behavior can impact the demand for electric vehicles (EVs) in the short term.

Consumer risk perception, a downward trend in fuel prices and supply chain disruptions are among factors that may significantly impact the demand for electric vehicles (EVs) for the next two to three years. The industry would require continued support from the government to create consumer preference towards EVs - highlighted Electric Vehicle Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI) recently.

The impact of Covid-19 could make consumers more risk-averse to new technologies and higher-priced vehicles, such as EVs, noted FICCI EV Committee.

Further, it said the downward trend in fuel prices would negatively affect the cost-benefit of EVs in the medium term. Adverse impact of supply chain disruptions is also more likely on EVs than the internal combustion engine (ICE) vehicles mainly because the supply chain for EVs in India is beginning to get established, vis-a-vis a long established supply chain for ICE vehicles.

Impact varied

The committee stated the propensity of change in consumer behaviour might not be the same across all segments of EVs. Specific segments like two-wheelers and three-wheelers may not be impacted in the long term.

E-bus segment will be affected as State Transport Undertaking (STUs) may not have sufficient funds for the procurement. Additionally, factors like fall in diesel prices and concern of fund availability will further impact the demand for EV buses and this may encourage STUs to buy ICE (diesel) technology buses.

Suggestions

To sustain the efforts made towards electrification and to attract investment, adopting a technology agnostic approach would be an appropriate pathway to achieve India’s EV targets.

Shekar Viswanathan, Vice Chairman & Whole Time Director, Toyota Kirloskar Motors, and Chairman, FICCI Electric Vehicle Committee, said, “In the recent past, the overall auto sector hasn’t been performing well and the current Covid 19 outbreak has further exacerbated the situation. Electric mobility, which is in the nascent stage, is also not insulated from this impact.”

“To understand the ground realities, FICCI arranged for inputs from its members for feasible recommendation to the government to ensure sustainability of EV offtake in the country as well as possible measures to attract investment for EV parts manufacturing especially in the wake of global development. We received many useful suggestions which FICCI will be recommending to government for their consideration,” he added.

Describing the situation as a testing time for the EV industry, Ms Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, and Co-chair of FICCI EV Committee, said, “EV sector has received good support from the government in last one year, and that led to a spurt in sales of EVs. The nascent sector must be supported during these challenging times given the long-term significance of EVs for reduction of air pollution and towards fuel security.”

“We will be recommending an extension of FAME II scheme [the second phase of Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles scheme] by at least a year to 2023. We will also put our efforts to secure support electric vehicle financing from banks and NBFCs in a major way. To boost investments by EV component suppliers, focus on Make in India, and unwavering support by the government of India to EV sector will be crucial. I am confident that the EV industry will sustain, recover and rebound from this demand downturn.”

The second phase of FAME India Scheme, which is for three years commencing from April 1, 2019, provides total budgetary support of Rs 10,000 crore.

This phase mainly focuses on supporting electrification of public and shared transportation. It aims to support (through incentives) about 7000 e-buses, 5 lakh electric three-wheelers (e-3W), 55,000 electric four-wheeler (e-4W) passenger cars and 10 lakh electric two-wheelers (e-2W). Besides, the creation of charging infrastructure will be supported to address range anxiety among users of electric vehicles.

Mail Today |

Consumer behaviour to hit EV's demand

Large number of factors may impact the demand for Electric Vehicles (EVs) for next two to three years and would require continued support from the government to create consumer preference towards EVs. This was highlighted in FICCI's Electric Vehicle Committee, under the chairmanship of Shekar Viswanathan, VC and whole time director of Toyota Kirloskar Motors and co-chairmanship of Sulajja Firodia Motwani, founder and CEO of Kinetic Green.

SME Times |

Auto sector for extension of FAME II scheme

A large number of factors may impact the demand for the Electric Vehicles (EVs) for next two to three years in a significant way and would require continued support from the government to create consumer preference towards EVs.

This was highlighted in FICCI's Electric Vehicle Committee on 30 April 2020 under the Chairmanship of Mr Shekar Viswanathan, Vice Chairman & Whole Time Director, Toyota Kirloskar Motors, and Co-chairmanship of Ms Sulajja Firodia Motwani, Founder and CEO of Kinetic Green.

The impact of COVID-19 could make consumers more risk averse to new technologies and higher priced vehicles, such as EVs, noted FICCI EV Committee.

Further, the downward trend in fuel prices would negatively affect the cost-benefit of EVs in the medium term. Adverse impact of supply chain disruptions is also more likely on EVs than the ICE vehicles mainly because the supply chain for EVs in India is beginning to get established, vis-a-vis a long established supply chain for ICE vehicles.

However, propensity of change in consumer behaviour may not be the same across all segments of EVs, certain segments like two wheelers and three wheelers may not be impacted in the long term.

E-Bus segment will be affected as STUs (State Transport Undertaking) may not have sufficient funds for the procurement. Additionally, factors like fall in diesel prices and concern of fund availability will further impact the demand for EV buses and this may encourage STUs to buy ICE (diesel) technology buses.

To sustain the efforts made towards electrification and to attract investment, adopting technology agnostic approach would be an appropriate pathway to achieve India's EV targets.

Shekar Viswanathan, Vice Chairman & Whole Time Director, Toyota Kirloskar Motors and Chairman, FICCI Electric Vehicle Committee said, "In the recent past, the overall auto sector hasn't been performing well and the current COVID 19 outbreak has further exacerbated the situation. Electric mobility, which is in the nascent stage, is also not insulated from this impact.”

To understand the ground realities, FICCI arranged for inputs from its members for feasible recommendation to the government to ensure sustainability of EV offtake in the Country as well as possible measures to attract investment for EV parts manufacturing specially in the wake of global development. We received many useful suggestions which FICCI will be recommending to Government for their consideration, he added.

Describing the situation as a testing time for the EV industry, Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, and Co-chair of FICCI EV Committee said, " We will be recommending extension of FAME II scheme by at least one year to 2023."

Business Standard |

Downward trend in fuel Prices could negatively affect cost benefit of Electric Vehicles

A large number of factors may impact the demand for the Electric Vehicles (EVs) for next two to three years in a significant way and would require continued support from the government to create consumer preference towards EVs. This was highlighted in FICCI's Electric Vehicle Committee on 30 April 2020.

The impact of COVID-19 could make consumers more risk averse to new technologies and higher priced vehicles, such as EVs, noted FICCI EV Committee. Further, the downward trend in fuel prices would negatively affect the cost-benefit of EVs in the medium term. Adverse impact of supply chain disruptions is also more likely on EVs than the ICE vehicles mainly because the supply chain for EVs in India is beginning to get established, vis-a-vis a long established supply chain for ICE vehicles.

Capital Market |

Downward trend in fuel prices could negatively affect cost benefit of Electric Vehicles

A large number of factors may impact the demand for the Electric Vehicles (EVs) for next two to three years in a significant way and would require continued support from the government to create consumer preference towards EVs. This was highlighted in FICCI's Electric Vehicle Committee on 30 April 2020. The impact of COVID-19 could make consumers more risk averse to new technologies and higher priced vehicles, such as EVs, noted FICCI EV Committee. Further, the downward trend in fuel prices would negatively affect the cost-benefit of EVs in the medium term. Adverse impact of supply chain disruptions is also more likely on EVs than the ICE vehicles mainly because the supply chain for EVs in India is beginning to get established, vis-a-vis a long established supply chain for ICE vehicles.

Orissa Diary |

Change in consumer behavior can impact the demand for EV in the short term: FICCI

A large number of factors may impact the demand for the Electric Vehicles (EVs) for next two to three years in a significant way and would require continued support from the government to create consumer preference towards EVs.
This was highlighted in FICCI’s Electric Vehicle Committee on 30 April 2020 under the Chairmanship of Mr Shekar Viswanathan, Vice Chairman & Whole Time Director, Toyota Kirloskar Motors, and Co-chairmanship of Ms Sulajja Firodia Motwani, Founder and CEO of Kinetic Green.

The impact of COVID-19 could make consumers more risk averse to new technologies and higher priced vehicles, such as EVs, noted FICCI EV Committee. Further, the downward trend in fuel prices would negatively affect the cost-benefit of EVs in the medium term. Adverse impact of supply chain disruptions is also more likely on EVs than the ICE vehicles mainly because the supply chain for EVs in India is beginning to get established, vis-a-vis a long established supply chain for ICE vehicles.

However, propensity of change in consumer behaviour may not be the same across all segments of EVs, certain segments like two wheelers and three wheelers may not be impacted in the long term. E-Bus segment will be affected as STUs (State Transport Undertaking) may not have sufficient funds for the procurement. Additionally, factors like fall in diesel prices and concern of fund availability will further impact the demand for EV buses and this may encourage STUs to buy ICE (diesel) technology buses.

To sustain the efforts made towards electrification and to attract investment, adopting technology agnostic approach would be an appropriate pathway to achieve India’s EV targets.

Mr Shekar Viswanathan, Vice Chairman & Whole Time Director, Toyota Kirloskar Motors and Chairman, FICCI Electric Vehicle Committee said, “In the recent past, the overall auto sector hasn’t been performing well and the current COVID 19 outbreak has further exacerbated the situation. Electric mobility, which is in the nascent stage, is also not insulated from this impact. To understand the ground realities, FICCI arranged for inputs from its members for feasible recommendation to the government to ensure sustainability of EV offtake in the Country as well as possible measures to attract investment for EV parts manufacturing specially in the wake of global development. We received many useful suggestions which FICCI will be recommending to Government for their consideration.”

Describing the situation as a testing time for the EV industry, Ms Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, and Co-chair of FICCI EV Committee said, “EV sector has received good support from the government in last one year, and that led to a spurt in sales of EVs. It is very important that the nascent sector is supported during these challenging times in view of the long-term significance of EVs for reduction of air pollution and towards fuel security. We will be recommending extension of FAME II scheme by at least one year to 2023. We will also put our efforts to secure support electric vehicle financing from Banks and NBFCs in a major way. To boost investments by EV component suppliers, focus on Make in India, and unwavering support by GOI to EV sector will be crucial. I am confident that the EV industry will sustain, recover & rebound from this demand downturn.”

Mercom India |

New guidelines propose charging stations for Heavy EVs every 100 kilometers on highways

To facilitate the usage of electric vehicles (EV) in the country, the Union Power Minister R.K. Singh has approved the amendments in electric vehicle charging guidelines and specifications.

The revised guidelines and specifications for charging infrastructure will supersede the earlier guidelines issued by the Ministry of Power. In December 2018, Mercom had reported that the Ministry of Power announced guidelines and standards for the development of EV charging infrastructure in the country.

According to Singh, the revised guidelines “are more consumer-friendly as they incorporate several suggestions received from various stakeholders.” Singh has expressed hope that the revised guidelines will encourage faster adoption of electric vehicles in India.

According to the central government, a phase-wise installation of appropriate network of charging infrastructure throughout the country has been envisioned in the guidelines to ensure that at least one charging station will be available in a grid of 3 km x 3 km in the cities and one such station to be set up at every 25 km on both sides of the highways.

The government release states that in the first phase from one to three years, all megacities with a population of over 4 million, and all connected highways, may be considered for coverage, while in the second phase (three to five years) big cities like state capitals, and headquarters of the union territories, may be covered.

To address the matters related to inter-city travel and long-range or heavy-duty electric vehicles like buses and trucks, the central government envisages installing fast-charging stations at every 100 km on each side of the highways.

“Assuming that most of the charging of EVs would take place at homes or at offices where the decision of using fast or slow chargers would rest on the consumers, it has been clarified in the guidelines that private charging at residences or offices will be permitted and DISCOMs (distribution companies) may facilitate the same,” states the statement.

As far as the public charging stations are concerned, the ministry has clarified that setting them up will be a de-licensed activity, and any individual or entity has the freedom to set up these stations. Last year, Mercom had reported about the Ministry of Power’s clarification stating that no license is required to operate EV charging stations in India.

Further, the amended guidelines have also specified the type of chargers of different standards (viz. CCS, CHAdeMO, Type-2 AC, Bharat AC 001), ensuring that the charging station owners have the freedom to install the chargers as per the market requirement.

The guidelines also maintain that any charging station or a chain of charging stations can obtain electricity from any generation company through open access. While the Bureau of Energy Efficiency (BEE), a statutory body under the Ministry of Power, is the central nodal agency, a provision for state nodal agency for the respective states has also been provided for in the guidelines.

Moreover, the tariff to be charged by charging stations from domestic consumers, as well as the service charges, have also been covered in the guidelines. For charging stations, it has been provided that the appropriate commission will determine the tariff for the supply of electricity per the policy.

The Central Electricity Authority (CEA) is expected to create and maintain a national online database of all the public charging stations through the DISCOMs.

Earlier this year, the Department of Heavy Industry invited proposals for deploying electric vehicle charging infrastructure in the country’s big and smart cities under the government’s FAME program.

Recently, the Federation of Indian Chambers of Commerce and Industry (FICCI) had suggested the inclusion of the battery swapping model of charging under the FAME program that is currently under implementation across the country.

Unless policy-making is speeded up for charging stations, it will take years for consumers to be able to use EVs as a primary mode of transportation without range anxiety.

Auto NDTV |

SoftBank Group Corp keen to invest in Andhra's EV Industry

SoftBank Group Corp of Japan has evinced interest to invest in the electric vehicles industry in Andhra Pradesh, an official statement said.

This was conveyed by a delegation of Japanese multinational conglomerate during a meeting with Industries and IT Minister Mekapati Gautham Reddy here on Monday.

Details will be known after another meeting to be held within 15 days, said a state government statement.

Gautham Reddy informed the representatives about the development activities and favourable conditions for investments in the state. He said Chief Minister Y.S. Jagan Mohan Reddy is giving priority to welfare and industrial growth in the state, and the government would come out with a new industrial policy to promote industrial growth by next year.

He also explained to the delegation new initiatives like 75 per cent reservations to locals in industries and establishing skill development centres to provide free training to the unemployed youth.

The minister attended a series of meetings with various organisations. A delegation of Federation of Indian Chambers of Commerce and Industry (FICCI) also met him. ETA Electra Electronic Vehicles CEO Biju Thomas, Vishnu Group Vice Chairman Ravi Chandran, representative of Deloitte, Johnson & Johnson and PR Agencies met the minister.

sify finance |

SoftBank Group Corp keen to invest in Andhra

SoftBank Group Corp of Japan has evinced interest to invest in the electric vehicles industry in Andhra Pradesh, an official statement said.

This was conveyed by a delegation of Japanese multinational conglomerate during a meeting with Industries and IT Minister Mekapati Gautham Reddy here on Monday.

Details will be known after another meeting to be held within 15 days, said a state government statement.

Gautham Reddy informed the representatives about the development activities and favourable conditions for investments in the state. He said Chief Minister Y.S. Jagan Mohan Reddy is giving priority to welfare and industrial growth in the state, and the government would come out with a new industrial policy to promote industrial growth by next year.

He also explained to the delegation new initiatives like 75 per cent reservations to locals in industries and establishing skill development centres to provide free training to the unemployed youth.

The minister attended a series of meetings with various organisations. A delegation of Federation of Indian Chambers of Commerce and Industry (FICCI) also met him. ETA Electra Electronic Vehicles CEO Biju Thomas, Vishnu Group Vice Chairman Ravi Chandran, representative of Deloitte, Johnson & Johnson and PR Agencies met the minister.

ET Auto |

SoftBank Group Corp keen to invest in Andhra's EV industry

SoftBank Group Corp of Japan has evinced interest to invest in the electric vehicles industry in Andhra Pradesh, an official statement said.

This was conveyed by a delegation of Japanese multinational conglomerate during a meeting with Industries and IT Minister Mekapati Gautham Reddy here on Monday.

Details will be known after another meeting to be held within 15 days, said a state government statement.

Gautham Reddy informed the representatives about the development activities and favourable conditions for investments in the state. He said Chief Minister Y.S. Jagan Mohan Reddy is giving priority to welfare and industrial growth in the state, and the government would come out with a new industrial policy to promote industrial growth by next year.

He also explained to the delegation new initiatives like 75 per cent reservations to locals in industries and establishing skill development centres to provide free training to the unemployed youth.

The minister attended a series of meetings with various organisations. A delegation of Federation of Indian Chambers of Commerce and Industry (FICCI) also met him. ETA Electra Electronic Vehicles CEO Biju Thomas, Vishnu Group Vice Chairman Ravi Chandran, representative of Deloitte, Johnson & Johnson and PR Agencies met the minister.

The New Indian Express |

SoftBank to invest in electric vehicles in Andhra Pradesh

Japanese giant SoftBank, showed interest in investing in Andhra Pradesh as a delegation of SoftBank, which called on Industries and IT Minister Mekapati Goutham Reddy at a diplomatic outreach programme held in Hyderabad on Monday, expressed willingness to invest in electric vehicles.

Impressed with the favourable conditions in the State for investors and the policies and steps being taken by the government, representatives of SoftBank expressed interest in working together with the government for the development of the State and expressed their desire to invest in electric vehicles.

After the Minister requested them to come up with all the details for the next meeting, within a fortnight and said that he would take the proposals to the notice of Chief Minister YS Jagan Mohan Reddy, the delegation expressed willingness.

Earlier, the Minister explained to the representatives, the developmental activities and favourable conditions for investments in the State. He said that the Chief Minister is giving priority to welfare and industrial growth in the State. He also said that the government would come up with a new industrial policy to promote industrial growth by next year.

The Minister explained to the delegation about the new initiatives of the government like providing 75 per cent reservations to locals in industries and establishing skill development centres to provide free training to unemployed youth. As part of the business outreach, the Minister organised a series of meetings with representatives of various organisations including the Federation of Indian Chambers of Commerce and Industry (FICCI), Vishnu Group vice-chairman Ravi Chandran and representatives of Deloitte, Johnson & Johnson and other PR Agencies.

Urban Transport News |

Uttar Pradesh Govt launches Electric Vehicle and Mobility Policy 2019

With the aims to promote green mobility in the state, Uttar Pradesh Government has recently launched new Electric Vehicle and Mobility Policy 2019. Electric Vehicles are widely gaining market across the globe. Due to high pressure and fast depletion of fossil fuels, electric mobility has become necessary to reduce the impact of transportation on the environment and climate change. The recent Paris Agreement enforced in November 2016 provides to limit Carbon dioxide emissions to control global warming and threats of climate change. Electrification of the automotive industry aims at achieving the set objectives by decarbonizing the transport system.

The Indian automobile industry is one of the largest growing industry in the world, and the sector promises further growth in manufacturing sector driving the country’s economic growth. Since presently the automobile industry largely contributes to pollution, the government is promoting electric mobility towards this.

In 2018, the global electric car fleet exceeded 5.1 million from 2 million in the previous year and almost doubling the number of new electric car sales. With the rapid expansion in electric mobility, the private and public charging infrastructure has been continuously expanding. The annual growth rate of publicly available charging infrastructure was higher than the electric car stock growth rate on a global level.

The Electric Vehicle market in India is set to go enormous and is estimated to be around 80 lacs by 2020, and approximately 5 crores by 2030. Prices of Lithium Batteries are rapidly going down, thereby making EVs cheaper. Electric Vehicles Storage Opportunities (in GW) in India is anticipated to grow at CAGR 44% until 2022.

In a recent report published by FICCI and Rocky Mountain Institute, it has been estimated that India’s shift to shared, electric and connected mobility could help save up to Rs.20,00,000 Crores in oil imports and nearly 1 Giga Tonnes of carbon dioxide emissions by 2030. The report further states that the sales of 4-wheel EVs are expected to exceed that of internal combustion engines (ICEs) in India by 2027.

In order to boost the manufacturing of hybrid and electric vehicles in India, Government of India has launched the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME Scheme) in 2015, under National Electric Mobility Mission Plan (NEMMP) with an aim to promote eco-friendly vehicles in the country. It has set an ambitious target of 6-7 million sales of hybrid and electric vehicles year on year from 2020 onwards in India, thereby creating wide opportunities in EV manufacturing. Extending the Scheme, Government of India has come up with FAME II, and National Mission on Electric Mobility & Battery Storage has been launched.

Indian automobile industry became the 4th largest in the world by producing a total of nearly 30.92 million vehicles including passenger vehicles, commercial vehicles, three-wheelers, two-wheelers in FY 2018-19 as against 29.09 million in FY 2017-2018 registering a growth of 6.26% over the same period last year. Domestic automobile production increased at 7.08 % CAGR between FY 2013-18.

India is also a prominent auto exporter where automobile exports grew 15.54% during April-March and now the country is also on course to become the third-largest producer of the car in the world. Transforming this large sector, Government of India is determined to curb polluting emissions from the automobile industry and envisions to switch to 100% hybrid or electric vehicles by 2030.

Fortune India |

Auto industry expects GST cuts and EV push from the interim Budget

As the government prepares the much-awaited interim budget, various stakeholders in the country’s automotive industry have put forth their expectations. The auto industry sees this as an important budget in the run up to the 2019 general elections.

The Automotive Component Manufacturers Association (ACMA) recommended a uniform GST rate of 18% on all auto components and more encouragement towards funding of technology development and acquisition in the country. The industry has significant aftermarket operations and is “plagued by grey operations and counterfeits due to the high 28% GST rate,” according to ACMA.

“A moderate rate of 18 percent will not only address this challenge but will also enhance the tax base through better compliance,” said the association.

ACMA also emphasised on the reduction of import duty on aluminium and steel. Steel and aluminium alloys attract basic custom duty of 15% and 10%. The sector, largely dominated by Micro, Small and Medium Enterprises (MSMEs) is grappling with the high cost of raw materials. Reducing customs duty on raw materials, especially steel and aluminium alloys, which account for over 60 percent of the industry’s inputs, will enable the sector to deal with increasing costs, ACMA said.

“We anticipate the forthcoming Interim budget to uplift the market sentiments which will allow for growth and development of the domestic auto and auto component sector. With the entire auto industry undergoing a technological transformation on the front of emissions and safety, enhancing spend on R&D and creating infrastructure for innovation are of utmost criticality for the auto component industry to stay relevant,” said Vinnie Mehta, director general, ACMA.

“Facilitating new product development through a technology development and acquisition fund as also enhancing the rate of weighted deduction on R&D spend are a need of the hour,” he added.

For the Society of Manufacturers of Electric Vehicles’ (SMEV) director general Sohinder Gill, the budget is expected to bring some clarity on electric mobility, the policy framework for which is long overdue. Gill expects the budget to allocate at-least ₹20000 crores to be spent in next two years and target at-least 1 million electric vehicles in the top 10 most polluted cities.

“Electric mobility needs stable and long term policy support, concentrated dose of customer incentives and massive awareness campaign to reach a target of 30% EVs by 2030,” Gill said.

He also said that the second phase of FAME [Faster Adoption and Manufacturing of Hybrid & Electric Vehicles] India scheme for promoting electric mobility and alternative fuels by the government must be announced soon.

“FAME 2 must be announced with a six-year plan and time-bound implementation. Making electric vehicles (EVs) and infrastructure an integral of the Smart City project will help a lot; The government should give more thrust on e-mobility under the smart city project which is missing, currently,” Gill added.

“The government should set up a framework to encourage PPP model in services like bike and car sharing through which the required infrastructure support for electric can be created.”

SMEV also recommends a notional green cess on all internal combustion (IC) engine vehicles to create this corpus rather than dipping into the exchequer.

Other industry trackers like the Federation of Indian Chambers of Commerce and Industry (FICCI), have appealed to the government to reduce corporate tax rates across the board to 25%, irrespective of company turnover. Auto experts feel that a lower corporate rate will conserve cash for the companies. FICCI also recommends a revision in tax slabs for common tax payers which will enhance their disposable income and boosting demand for consumer items like vehicles.

The industry body also recommends cuts on excise duty on compressed natural gas (CNG). “It is recommended that CNG (conversion of Natural Gas into CNG) be exempted from central excise duty. This will promote usage of this environmentally friendly fuel in domestic and commercial transportation sectors,” FICCI said.

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