Back in 1996 when Scooters India Ltd launched their first electric three-wheeler – Vikram SAFA, it was a novelty. However, in the current scenario, there’s an immense need to adopt EMVs at a large scale and shift to clean & green mobility.
Electric Vehicles are highly sought-after in recent times, and there are multiple reasons:
The Centre has taken multiple initiatives to strengthen the adoption of EVs, PAN India. Back in 2015 when FAME (Faster Adoption and Manufacturing of Electric vehicles) India was launched, its Phase 1 was given an extension of up to March 31, 2019.
Further, in 2017, the Centre launched EV@30 to draft collective goals for EVI members. The agenda being – EVs must constitute 30-35 percent of vehicle sales by 2030. This year with the launch of the budget, the Centre’s inclination was prominent when it announced the second phase of this scheme. It outlayed 10,000 Cr towards this programme, which clearly projects the drift towards EV segment.
The EV segment witnessed a growth of 124% – selling 56,000 vehicles in 2018, compared to 25,000 in 2017. The major players in this area (four-wheelers) are – Mahindra, Toyota, Maruti Suzuki & Tata Motors.
If we talk about the actual execution of the plan, a handful of Indian states have managed to pull it off. They have framed policies, that are completely in synchronization with the promotion plan along with a bunch of incentives, fiscal sops, and valid-enough encouragement for the common man to embed it in the ecosystem.
Source: The Society of Manufacturers of Electric Vehicles in India
|Electric two-wheelers||23,000 units||54,800 units|
|Electric four-wheelers||2000 units||1,200 units|
|TOTAL||25,000 EMVs||56,000 EMVs|
This is not “it”. The Centre is additionally pushing for World’s first electric train too.
As indicated by a study conducted by the World Health Organization, 9 out of each 10 individuals on the planet inhale air that contains elevated amounts of cancerous pollutants and it further takes a toll on 7 million individuals every year.
For now, we can say “Kudos” to our government and policy setters for all the ‘green’ efforts!