Week In India: Chandigarh Approves The ‘Draft EV Policy 2022’; Govt Bodies Have 1 In Every 5 Electric-Four-Wheelers; And More

Chandigarh Approves The “Draft EV Policy 2022”

Chandigarh approves the “Draft Electric Vehicle (EV) Policy 2022” to convert the city into a ‘Model Electric Vehicle City’ within the time period of 5 years. The department also is now asking for suggestions and feedback for thirty days open for stakeholders and the general public of the city. Chandigarh will get the cycling track infrastructure for promoting the usage of Electric Bicycles as a replacement of 2/4W, especially for short trips. The city will establish a wide network of charging points by enabling the availability of power supply and related processes. For setting up EVs, using the New & Renewable Energy sources for charging of EVs to positively impact the indirect emissions.

Govt Bodies Have 1 In Every 5 Electric-Four-Wheelers

According to Nitin Gadkari Union Road Transport Minister, 1 in every 5 electric four-wheelers is being used by the government entities in India. As of February 4, the government entities the electric vehicles in use are 5,384 in number. A total of 26,335 electric four-wheelers were registered in India. Karnataka was leading in this segment with 7,212 electric vehicles, followed by Ladakh with 5,484 EVs. Delhi saw the registration of 3,051 electric four-wheelers. The total eco-friendly vehicle registered in the country was 4.8 lakh in 2021. In India, 9.7 lakh electric vehicles have been registered. UP has so far registered 2.8 lakh EVs and Delhi registered 1.3 lakh EVs.

Centre Approves 20 Auto Companies for PLI Scheme

20 applicants have been approved under the “Champion OEM Incentive Scheme” of the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry in India. The Ministry of Heavy Industries states that the scheme has been a huge success in terms of the overwhelming response received with a proposed investment of ₹ 45,016 crores from approved applicants. The incentive, which is up to 18 percent, is to encourage the industry to make fresh investments in the indigenous supply chain of Advanced Automotive Technology (AAT) products of the PLI Scheme for the automotive sector.

BPCL Launches EV Fast-Charging Corridor On Chennai – Trichy – Madurai Highway

Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has launched EV Fast-Charging Corridors on Chennai – Trichy – Madurai highway, with the rollout of CCS-2 DC Fast chargers at 10 of its conveniently located fuel stations along the 900 Km route on both sides of the highway. The Company is accelerating its focus on new business segments for sustainable growth and converting 7,000 conventional Retail Outlets into Energy Stations providing multiple fuelling options, which will also include an EV charging facility, in the medium to long term. The first phase launch on Chennai – Trichy – Madurai highway will be followed up by key routes which have high existing motorist traffic and a propensity for transition to travel by electric vehicles.

966,363 EVs Presently On-Road Across The Country

In order to promote the adoption of hybrid and electric vehicles in the country, the Government launched the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 on an India basis. Presently, Phase-II of the FAME India Scheme is being implemented for a period of 5 years w.e.f. 01st April 2019 with total budgetary support of Rs. 10,000 crores. The Government on 12^th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. Drop-in battery price will result in cost reduction of electric vehicles.

EVC Global Seeking Angel Funding to Install 10,000 EV Charging Stations in India by 2022

EVC Global, which currently offers location and mapping service of electric charging stations operators across the country on its app, is seeking angel funding to install 10,000 such stations by 2022, a company official said. Sensing opportunity in the electric charging station, other startups have also announced their plans to install EV charging stations. Delhi-based startup ElectriVa will also install and operate 100 electric vehicle charging stations in the national capital. India’s commercial EV revolution is evident as there will be around 20 lakh EVs on the road and to charge them we require at least 4 lakh chargers in India by 2028, according to estimates. EVC Global said it has about 34,000 EV charging stations listed on its app and will show stations within a radius of 20 km from one’s position on a live basis.

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