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Amitabh Kant Electric Vehicles: Speaking at Ather Energy's community day event here, Kant said that India is already the biggest exporter of two-wheelers in the world.
EV Adoption: As we get ready for the onset of summer in India, the above facts remind us that accelerating our path to net zero emissions is a critical imperative to contain the devastating effects of global climate change.
A comparable shift is currently underway with electric vehicles, according to a Bloomberg Green analysis of adoption rates around the world. By the end of last year, 31 countries had surpassed what's become a pivotal EV tipping point: when 5% of new car sales are purely electric. This threshold signals the start of mass adoption, after which technological preferences rapidly flip.
Heavy Industries Ministry: The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024. Announcing E-Mobility Promotion Scheme 2024 (EMPS 2024), Heavy Industries Minister Mahendra Nath Pandey said the Modi government is committed to promoting e-mobility in the country.
The Electric Vehicle Policy in Delhi has not been extended yet, causing people to lose out on subsidy benefits for over two months. The government is likely to give a six-month extension in the next policy. Experts emphasize the importance of subsidies in promoting electric vehicles.