Number of electric vehicles in India stands at 13,92,265: Govt

New Delhi [India], August 5 (ANI): A total of 13,92,265 Electric Vehicles (EVs) are being used on the roads of India as on 3rd August 2022, as per data available with the Ministry of Road Transport and Highways. In a written reply to a question in the Rajya Sabha, Minister of State for Heavy Industries […]

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New Delhi [India], August 5 (ANI): A total of 13,92,265 Electric Vehicles (EVs) are being used on the roads of India as on 3rd August 2022, as per data available with the Ministry of Road Transport and Highways.

In a written reply to a question in the Rajya Sabha, Minister of State for Heavy Industries Krishan Pal Gurjar informed that the highest number of electric vehicles in India is three-wheeler. The total number of three-wheeler stands at 7,93,370. Total number of two-wheeler stands at 5,44,643. The number of four-wheeler and above stands at 54,252 as on 3rd August 2022.

Further, sale of EVs in FY 2021-22 has gone up over three times as compared to sale of EVs in FY 2020-21 from to 1,34,460.

The minister informed the parliament that the government has taken a number of steps to boost the adoption of electric vehicles in the country.

Government on 12th May, 2021 approved the Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of battery in the country. Drop in battery prices will result in cost reduction of electric vehicles.

Electric Vehicles are eligible for incentives under PLI scheme for Automobile and auto Components, which was approved on 15th September 2021 with a budgetary outlay of Rs 25,938 crore for a period of five years.

GST on electric vehicles has been reduced from 12 per cent to 5 per cent; GST on chargers/ charging stations for electric vehicles has been reduced from 18 per cent to 5 per cent.

Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements.

MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs, the minister informed. (ANI)

Source: Business


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