A complete of 13,92,265 Electrical Automobiles (EVs) are getting used on the roads of India as on third August 2022, as per knowledge out there 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 overall variety of three-wheeler stands at 7,93,370. Whole 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 numerous steps to spice up the adoption of electrical autos within the nation.
Authorities on twelfth Could, 2021 authorised the Manufacturing Linked Incentive (PLI) scheme for manufacturing of Superior Chemistry Cell (ACC) within the nation with a view to convey down costs of battery within the nation. Drop in battery costs will lead to value discount of electrical autos.
Electrical Automobiles are eligible for incentives beneath PLI scheme for Vehicle and auto Elements, which was authorised 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 lowered from 12% to five%; GST on chargers/ charging stations for electrical autos has been lowered 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 cut back the preliminary value of EVs, the minister knowledgeable.