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New Scrapping Policy The Centre’s proposed policy to raise road tax on vehicles of a certain age from April 1 next year has the potential to renew a big part of India’s vehicular fleet, reducing air pollution, raising fuel efficiency, and improving safety standards. It has taken the government years to finalise a “tax on clunkers” proposal, under which commercial transport vehicles will have to pay 10%-25% extra on road tax after eight years when renewing the fitness certificate, and, similarly, personal vehicles after 15 years; public transport is given concessions, while hybrids, electrics and farm vehicles are exempt. A…
27 January, 2021
Automobile industry
FAME and Electric Mobility FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles) It was started in 2015 under the Ministry of Heavy Industries and Public Enterprises Aim of FAME: To encourage faster adoption of Electric and Hybrid vehicles by offering upfront incentives on the purchase of electric vehicles and also by establishing necessary charging infrastructure for electric vehicles. Fast track goals of NEMMP. 4 focus areas = Charging infrastructure; Technology development; Demand creation and Pilot projects. The emphasis is on electrification of the 3 Wheeler and 4 Wheeler segments for public transportation or commercial purposes. In the 2 Wheeler segment, the…
11 January, 2021
Automobile industry
FAME – NATIONAL ELECTRONIC MOBILITY MISSION Part of: GS-III- Economy-Automobile (PT-MAINS-PERSONALITY TEST) The government of India notified FAME India Scheme [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] for implementation with effect from 1st April 2015, with the objective to support hybrid/electric vehicles market development and Manufacturing eco-system. Objective The FAME India Scheme is aimed at incentivising all vehicle segments i.e. 2 Wheeler, 3 Wheeler Auto, Passenger 4 Wheeler Vehicle, Light Commercial Vehicles and Buses. The scheme covers Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, Plug-in Hybrid & Battery Electric Vehicles. Monitoring Authority: Department of Heavy Industries Fame India…
09 May, 2020
Automobile industry
NTPC to provide Hydrogen Fuel Cell based electric buses and cars in Leh and Delhi National Thermal Power Corporation Limited (NTPC) has invited Global Expression of Interest (EoI) to provide 10 Hydrogen Fuel Cell (FC) based electric buses and an equal number of Hydrogen Fuel Cell based electric cars in Leh and Delhi. The EoI has been issued by NTPC's wholly owned subsidiary, NTPC Vidyut Vyapar Nigam LIMITED. The move to procure Hydrogen Fuel Cell based vehicles is first of its kind project in the country, wherein a complete solution from green energy to the fuel cell vehicle will be…
09 May, 2020
Automobile industry
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