Amit Bhatt, Managing Director for India at ICCT reacts to how #UnionBudget2024 would affect the EV landscape in India The government's announcement in the #UnionBudget2024 speech regarding the expansion and strengthening of the #EV ecosystem by supporting manufacturing and #charginginfrastructure is both welcome and much needed. Charging infrastructure remains a major barrier for EV adoption in India and this move will work to directly address this issue. Timely payment stands out as a significant obstacle hindering private sector participation in the bus operations sector in India. With the government's push to increase private sector involvement in the #ebus rollout, the inclusion of a payment security mechanism can be a game-changer for scaling up e-bus operations. The International Council on Clean Transportation | Revathy Pradeep | Vaibhav Kush | Aviral Yadav | Ashok Deo | Palak Thakur
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According to ICCT, India’s transport sector is a major contributor to the country's CO2 emissions, and rapid decarbonization is imperative. With the phaseout of ICE vehicles by 2045, electric vehicles (EVs) are crucial for this transformation. Learn about the impact of the Government of India's FAME II scheme, allocating ₹11,500 crore to accelerate EV adoption. Discover more at exicom.in #evindia #emobility #evinsight #evindustry #exicom
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Powering the Future: Leveraging the Electric Mobility Promotion Scheme In the wake of the FAME II scheme's conclusion, the introduction of the Electric Mobility Promotion Scheme 2024 by the Ministry of Heavy Industries is a beacon of progress for the electric vehicle industry, especially for us in the electric two-wheeler sector. With a focused outlay of Rs. 500 crore, the scheme is set to catalyze the next wave of growth in electric mobility. In addition, offering a substantial subsidy of Rs. 5,000 per kWh for electric two-wheelers, capped at Rs 10,000 per vehicle, this scheme could be a game-changer for both manufacturers and consumers. By covering both commercial and private registrations, the scheme ensures a wider adoption of electric two-wheelers across various segments of society. As a leading electric two-wheeler manufacturer, we are excited to embrace this scheme, which not only supports our vision for a sustainable future but also enables us to push the boundaries of innovation and affordability in the electric vehicle space. We are hopeful that we will be able to make the most of this opportunity to enhance our product lineup and contribute to India's electric mobility success story. #EMPS2024 #ElectricTwoWheelers #CleanEnergy #Innovation #EVMobilityScheme #SokudoElectricIndia
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#NewIndia is witnessing growing demand for #EV charging stations, with 1433545 #electricvehicles registered as on December 2023, sparking a green revolution in the country. Know more: https://lnkd.in/frC-hdJ #InvestIndia #InvestInIndia #EVCharging #GreenIndia #AutomobileSector Ministry of Commerce and Industry, Government of India Department for Promotion of Industry and Internal Trade NITI Aayog
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Driven by a growing demand for transitioning to electric vehicles, #NewIndia currently hosts 419 operational public #EV charging stations along national highways. Know more: https://lnkd.in/ds-gkar6 #InvestInIndia #ElectricVehicles #DidYouKnow Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog
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Despite the rising demand for electric vehicles (EVs) in India, the lack of robust charging infrastructure remains a significant challenge. High installation costs, diverse connector types, and location and safety concerns hinder progress. However, government initiatives and private sector investments are paving the way for a greener future. By 2030, India aims to lead the EV market, making charging stations more accessible and efficient. 🚗🔋 To Know more: https://lnkd.in/gFgG7saj #ElectricVehicles #EVCharging #GreenEnergy #SustainableMobility #IndiaEVMarket #FutureOfTransportation #CleanTech #EVRevolution #ChargingInfrastructure #SustainableFuture
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#NewIndia is witnessing growing demand for #EV charging stations, with 1433545 #electricvehicles registered as on December 2023, sparking a green revolution in the country. Know more: https://lnkd.in/frC-hdJ #InvestInIndia #EVCharging #GreenIndia #AutomobileSector NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India
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Driven by a growing demand for transitioning to electric vehicles, #NewIndia currently hosts 419 operational public #EV charging stations along national highways. Know more: bit.ly/II-ElectricMobility #InvestInIndia #InvestIndia #ElectricVehicles #MakeInIndia #PublicTransport NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India
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Driven by a growing demand for transitioning to electric vehicles, #NewIndia currently hosts 419 operational public #EV charging stations along national highways. Know more: https://lnkd.in/ds-gkar6 #InvestInIndia #ElectricVehicles Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog
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Gagan Sidhu of CEEW highlights India's electric mobility momentum, emphasizing the power of data-driven insights and the pivotal role of policy. As India surges past 1 million EV registrations, the future promises transformative growth. Know More - https://bit.ly/3sT45h7 #ElectricMobility #DataAnalytics #PolicyDrivenFuture #FutureOfMobility
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Driven by a growing demand for transitioning to electric vehicles, #NewIndia currently hosts 419 operational public #EV charging stations along national highways. Know more: bit.ly/II-ElectricMobility #InvestInIndia #ElectricVehicles NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India
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