Joint Report: Centre and States Boost E-Mobility

03 Nov 2023 CW Team

The central government, in partnership with various state governments, has been actively working towards creating an enabling ecosystem for electric vehicles. Initiatives such as financial incentives, favorable policies, and infrastructure development have been rolled out to accelerate the shift toward e-mobility.

The report emphasizes the commitment of the Government of India in achieving the electric mobility vision. With an aim to make India a global manufacturing hub for electric vehicles, the government has implemented policy measures such as the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. This scheme provides financial incentives to consumers and manufacturers, encouraging the adoption and production of EVs.

Furthermore, state governments have taken initiatives to support the growth of e-mobility. This includes the setup of dedicated EV charging infrastructure, exempting electric vehicles from road tax, and providing subsidies for electric vehicle ownership. These measures not only promote clean and sustainable transportation but also contribute towards reducing air pollution and dependency on fossil fuels.

The joint report also highlights the role of public-private partnerships in fostering e-mobility growth. Collaboration between the government and private players has paved the way for innovative business models, electric vehicle charging infrastructure, and battery manufacturing facilities. This synergy aims to address the challenges associated with the mass adoption of electric vehicles, including range anxiety and limited charging infrastructure.

Moreover, the report underscores the need for continued investment in research and development. It emphasizes the importance of research and innovation in developing advanced battery technologies, improving charging infrastructure, and evolving EV manufacturing processes. This will ensure the long-term sustainability and competitiveness of the e-mobility sector in India.

In conclusion, the joint report by Assocham and NRI Consulting Solutions showcases the concerted efforts of the central and state governments in promoting e-mobility. Their collaborative approach, along with incentives and policy support, is driving the adoption of EVs and creating a sustainable and green transportation landscape in India.

(396 words)

A recent joint report by Assocham and NRI Consulting Solutions highlights the efforts of the Indian government and state authorities in promoting e-mobility, with a focus on sustainable transportation solutions. The report sheds light on key measures taken to drive the adoption of electric vehicles (EVs) in the country. The central government, in partnership with various state governments, has been actively working towards creating an enabling ecosystem for electric vehicles. Initiatives such as financial incentives, favorable policies, and infrastructure development have been rolled out to accelerate the shift toward e-mobility. The report emphasizes the commitment of the Government of India in achieving the electric mobility vision. With an aim to make India a global manufacturing hub for electric vehicles, the government has implemented policy measures such as the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. This scheme provides financial incentives to consumers and manufacturers, encouraging the adoption and production of EVs. Furthermore, state governments have taken initiatives to support the growth of e-mobility. This includes the setup of dedicated EV charging infrastructure, exempting electric vehicles from road tax, and providing subsidies for electric vehicle ownership. These measures not only promote clean and sustainable transportation but also contribute towards reducing air pollution and dependency on fossil fuels. The joint report also highlights the role of public-private partnerships in fostering e-mobility growth. Collaboration between the government and private players has paved the way for innovative business models, electric vehicle charging infrastructure, and battery manufacturing facilities. This synergy aims to address the challenges associated with the mass adoption of electric vehicles, including range anxiety and limited charging infrastructure. Moreover, the report underscores the need for continued investment in research and development. It emphasizes the importance of research and innovation in developing advanced battery technologies, improving charging infrastructure, and evolving EV manufacturing processes. This will ensure the long-term sustainability and competitiveness of the e-mobility sector in India. In conclusion, the joint report by Assocham and NRI Consulting Solutions showcases the concerted efforts of the central and state governments in promoting e-mobility. Their collaborative approach, along with incentives and policy support, is driving the adoption of EVs and creating a sustainable and green transportation landscape in India. (396 words)