A complete of 13,92,265 Electrical Autos (EVs) are getting used on the roads of India as on third August 2022, as per information accessible with the Ministry of Street Transport and Highways.
In a written reply to a query within the Rajya Sabha, Minister of State for Heavy Industries Krishan Pal Gurjar knowledgeable that the very best variety of electrical autos in India is three-wheeler. The full variety of three-wheeler stands at 7,93,370. Complete variety of two-wheeler stands at 5,44,643. The variety of four-wheeler and above stands at 54,252 as on third August 2022.
Additional, sale of EVs in FY 2021-22 has gone up over thrice as in comparison with sale of EVs in FY 2020-21 from to 1,34,460.
The minister knowledgeable the parliament that the federal government has taken quite a few steps to spice up the adoption of electrical autos within the nation.
Authorities on twelfth Could, 2021 authorized the Manufacturing Linked Incentive (PLI) scheme for manufacturing of Superior Chemistry Cell (ACC) within the nation to be able to carry down costs of battery within the nation. Drop in battery costs will lead to price discount of electrical autos.
Electrical Autos are eligible for incentives beneath PLI scheme for Autocellular and auto Elements, which was authorized on fifteenth September 2021 with a budgetary outlay of Rs 25,938 crore for a interval of 5 years.
GST on electrical autos has been diminished from 12% to five%; GST on chargers/ charging stations for electrical autos has been diminished from 18% to five%.
Ministry of Street Transport & Highways (MoRTH) introduced that battery-operated autos can be given inexperienced license plates and be exempted from allow necessities.
MoRTH issued a notification advising states to waive highway tax on EVs, which in flip will assist scale back the preliminary price of EVs, the minister knowledgeable.