The companies say any plan to ban internal combustion engine three-wheelers and two-wheelers to adopt electric ones by 2025 would be "unrealistic"
According to a Niti Aayog report, India needs a minimum of 10 GWh of cells by 2022, which would need to be expanded to about 50 GWh by 2025
The government should rather be more of a facilitator by providing support such as subsidies and developing policy framework
German carmaker Mercedes-Benz does not yet see a "viable business case" to launch electric vehicles in India due to lack of clear policy and incentives to sell such models in the country, a senior company official said Thursday. The luxury automaker, which Thursday introduced updated version of its C-Class sedan in the country, priced between Rs 40 lakh and Rs 48.5 lakh (ex-showroom), said that due to high import duties on completely built units (CBUs) pricing of electric vehicles (EVs) is highly uncompetitive as compared with vehicles with internal combustion engines. "We are also considering to launch electric vehicles in India. But quite frankly an electric policy would help. A policy which would outline the long term perspective, framework and parameters under which we could sell," Mercedes-Benz India Vice President, Sales & Marketing, Michael Jopp told PTI. In the current scenario with no policy, no framework, no incentives and clearly higher cost, the company do not yet see .
Sales of EVs in India estimated at 2,000 last year: BNEF
With the government planning to make a major shift to electric vehicles by 2030, GAIL feels that charging infrastructure for electric vehicles in India has not been fully developed yet
The Aayog is of the view that the market forces should be allowed to decide whether people want to buy electric car or diesel/petrol car
The government's National Electric Mobility Mission Plan 2020 envisages achieving 6-7 million sales of hybrid and e-vehicles by 2020
Just 0.02% (4,800) of all new cars sold in India in 2016 were electric
While there are more than 6,000 electric cars and two-wheelers, and a large number of buses and e-rickshaws, there aren't any uniform regulation on the rate of power
Betting solely on batteries and EVs may not be the best solution at achieving zero emission automobiles
Industry lobby Electronic Industries Association of India sees the electric vehicle push as a great opportunity for domestic electronics makers
An EV owner could save close to Rs 37,000 (over $580) annually if India meets its renewable energy (RE) targets
Amid the Modi govt's clear intent of promoting electric vehicles in the country, most major major vehicle manufacturers have started work on equipping themselves for the EV drive
SIAM has made these recommendations in the White Paper on Electric Vehicles submitted to the government in line with the vision of Modi Government
Other well-performing states include West Bengal, Uttar Pradesh, Rajasthan and Maharashtra
ACMA, a lobby group that represents auto parts makers, is conducting a study to assess the impact of such a transition on the industry
To meet India's domestic EV battery requirements, the country would need around 20 Giga factories, each of which entails an investment of $ 5 billion
Indian govt plans to shift to an all-electric vehicle fleet by 2030
It is unclear why a government, which is investing in a superfast bullet train at one end, has chosen a less-than-the-most-advanced electric vehicle option