Status of electric vehicles and associated policy in India
EV manufacturers and sellers were waiting for a single policy that laid out a roadmap for creating an EV ecosystem, including charging stations and manufacturing and buying incentives. The two-wheeler segment is expected to lead the EV market in India, not cars or buses. "We will see electric two-wheelers as a way to adapt proclivity of electric mobility in India, instead of forced adoption through four-wheelers," Rebecca Lindland, senior director In 2017, India sold about 900,000 EVs, 4 per cent of the volume of diesel and petrol vehicles sold. The government of India had a plant of converting the entire fleet of vehicles to fully electric by 2030, which it sort of scrapped. Prime Minister Narendra Modi was expected to launch a policy on 'Faster Adoption and Manufacturing of Hybrid and Electric vehicles' (FAME-II) , much-anticipated policy for the Indian EV industry, the first phase of which (FAME-I) was released in 2015. If India manages to transform i...