Indian Gov't Throws Support Behind Electric Vehicles

Also creates new inter-ministrial mission for EVs to be single-point of contact for infrastructure, incentives and more.

Published: 02-Mar-2011

MUMBAI -- To reduce dependence on fossil fuels and promote alternative vehicle technologies, the Government announced on Monday a variety of incentives for electric vehicles (EVs) and hybrids in Budget 2011-12.

It also announced the formation of a new inter-ministerial mission for EVs and hybrids, which would be a single-point resource for all the industry's needs on infrastructure, R&D and new incentives.

“World over, substantial investments are being made in the field of hybrid and electric mobility. To provide green and clean transportation for the masses, National Mission for Hybrid and Electric Vehicles will be launched in collaboration with all stakeholders,” said Finance Minister Mr Pranab Mukherjee in his Budget speech.


Electric carmaker Reva is now owned by Mahindra & Mahindra

The government is planning on exempting taxes and introducing incentive schemes for customers.

Halo IPT demonstrates wireless charging of a Citroen electric car.

IDTech sees half the money spent on EVs in the next ten years won't be on cars.

EV Cup iRacer debuted in January 2010.

Series of electrically powered car races are scheduled for the UK and further afield.


blog comments powered by Disqus