By April, India Hopes to Roll Out Incentive Program For Purchase of EVs

FEB 7 2014 BY ERIC LOVEDAY 8

India finally seems ready to get that long-promised EV incentive program in place.

Mahindra Reva Electric e20 is Only Mass-Produced 4-Wheel Electric Currently Sold in India

Mahindra Reva Electric e20 is Only Mass-Produced 4-Wheel Electric Currently Sold in India

India’s Heavy Industries Ministry is expected to begin circulating a completed draft by month’s end.  This draft will contain “subsidies under the National Electric Mobility Mission Plan,” reports NDTV.

According to NDTV, an official in the Department of Heavy Industry made these comments:

“We are working on a demand incentive for greater adoption of Electric Vehicles under the NEMMP.”

“Under the scheme, Rs. 10,000 crore subsidy is envisaged for cars and two-wheelers, besides Rs. 760 crore for research and development by companies and Rs. 180 crore for charging infrastructure.”

It’s believed that India will have all of the kinks worked out by April 1.  That’s when the incentive program is expected to be signed into law.

Mahindra-Reva is currently the only manufacturer in India making passenger EVs.  The other automakers have decided to wait until the nation establishes an incentive program.

Without incentives, EVs are simply too expensive in India for buyers to even consider.  The incentive program will be designed to bring EVs close to cost parity with ICE.

India expects that the incentives will lead to a major boost in EV sales.  The goal is to get up to 7 million plug-ins on India’s road by the end of 2020.  That figures includes two-wheelers.

Source: NDTV

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8 Comments on "By April, India Hopes to Roll Out Incentive Program For Purchase of EVs"

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If they are including two wheelers, this should be very do-able.
I am often critical of solar, but not where it is sunny!
Especially not where it is sunny almost all the time.
And even more so where the grid is lousy, and many aren’t connected anyway.
Power can literally be a lifesaver there, and the ability to charge a mobile phone and run an electric bike the first steps out of direst poverty.

It’s a myth that you need sunny locations to justify installing modern solar panels… Solar works fine in places like England and Germany.

You pay, you play.
At the moment it is going on my bills.

Please don’t use Germany as an example. They are still the worst coal burner in Europe and second largest country building new coal plants. Germany might be a less bad example 10-15 years from now but at the moment it’s the green shame of Europe.
If you want an european example then Spain is a lot better to use. And even though they have a lot more sun than Germany and UK the level of sun is still equal or less than most countries on earth.

It is also a myth that “it” is sunny all the time. India is very diverse.

The grid isn’t all that lousy either – I’ve more outages at my home than most places there.

BTW, Rs 10,000 crores is actually quite large – more than 1.5 Billion $.

Of course India varies, but it is near enough to the equator such that it is ‘sunny enough’ in most places for most of the year to make solar a reasonable choice. Here are the insolation figures for Delhi, towards the north of the country: http://www.gaisma.com/en/location/delhi.html So it runs from 3.31kwh/dy/m2 to 7.00. Roughly a two for one variation, and what is more the big problem is heat, not cold, so that the power draw is greatest when supply is greatest, whether for refrigeration, fans, or air con with only diurnal storage needed. Here are the figures for London: http://www.gaisma.com/en/location/london.html That goes from a tiny 0.49! in December, a fraction as much as the very worst month in Delhi, to 4.86 in June. The problem in the UK is the cold in the winter, not the heat. Demand during the day in the summer is at its very lowest, just when solar is most plentiful. It is next thing to non-existent in the winter when demand peaks. The main effect of solar in the UK is to ensure that enormous amounts of fossil fuels will continue to be burnt for decades, as that is the only thing that can be… Read more »

Ha ha ha!

Someone defending India’s power grid.

Even half heartedly it is still funny. 🙂

Eric i would buy a beer for you the day Government of India rolls out this plan. I am not a pessimistic guy but we have national elections in May and currently last parliament session is going on (in which i don’t think this bill to be passed). So in my view atleast 6 months 🙁

On a positive note Mahindra E20 just launched a new update of DC fast charge by which full battery can be charged in 1 hr though battery itself is small (10KWH)