Here are some positive policy updates for the electric vehicle industry in India

Incentives for electric vehicle buyers

If you were not sure if you should switch to an electric car option from your current fuel car this article on policy updates would help you make up your mind. According to a recent report in Times of India, Government of India is planning to launch a Rs 9400 crore worth program of incentives for electric vehicle buyer. For anyone who is willing to replace their current car by scrapping it away with a new electric vehicle, government would provide an incentive of up to Rs 2.5 Lakh. These incentives are likely to benefit the cab owners and taxi fleet operators also get same incentives for replacing their old vehicles with new electric ones costing up to Rs 15 lakhs.

For two wheelers, a subsidy on the scooter market price is already applied. The above incentive program can also include incentives of up to a maximum of Rs30,000 for two wheeler buyers.

We caught up with SMEV (Society of Manufacturers of Electric Vehicle), on the plan and the official (who wished to remain anonymous) noted, “Yes, the draft has been submitted for review and we are expecting the final notification in 3 to 4 months from now.”

The official also suggested that Niti Ayog suggestions to Ministry of Road Transport and Highways like green number plate for EV owners and revision of Ministry of Electronics and Information Technology incentive program called MSIPS for component manufacturer's are also on the cards.

Charging - Infrastructure and technology policy

Another concern that electric vehicle owners face is the non-availability of charging stations. SMEV official remarked that the government is earmarking Rs 2000cr for installation of chargers and soon the projects would be rolled out.

charging station mumbai
Charging Stations in Mumbai. Government plans to install many stations in metros

As per the BHARAT EV Specifications released last year GB/T connectors were adopted for the DC chargers. In this article, Nikki Asia Review reported that the Indian government is going to release an updated draft on the specifications and CCS Combo 2 chargers would be adopted. However, in our discussion with a official at SMEV, he noted: “ Its difficult to ignore GB/T connectors because China is currently the largest market as well as manufacturing hub of Electric vehicles. Yes, CCS connectors would be adopted but it would not be exclusive and all GB/T, CCS Combo and ChaDeMo can be included.”

This update is also expected to be released by the end of the year. It might be a little confusing for end-users to understand the three technologies and know which type of charger to use. Hopefully, a clearer direction would be taken soon to disperse consumer doubts.