The new policy may drive the electric vehicle industry, because in order to drive the development of electric vehicles, a charging station is planned every 3 kilometers in every corner of the country, the government is considering allowing individuals to own such charging stations.
This is reminiscent of the US situation in 1910, when individual fuel suppliers along the highway first drove the growth of Volkswagen sales.
Observers and experts who follow the industry believe the move will create a new class of small entrepreneurs in the United States, just as individuals bought gas from the United States more than 100 years ago wholesale supplies along the highway.
The government has circulated the charging policy for electric vehicles to solicit opinions and suggestions from different departments and ministries.
When asked if individuals were able to use the facility on a commercial basis, R. K. Singh, Minister of Electricity and Renewable Energy, said "there is absolutely no need for a permit ".
However, the source said that the individual must comply with the conditions set by the ministry and regulatory authorities, including setting an upper limit on tariffs that customers can collect.
Industry insiders said that at present, the regulatory norms stipulate compulsory licensing of power supply, so it is necessary to revise it in this regard. A Mumbai-
Analysts at the company said the new policy could drive the electric vehicle industry, although initially planning to build a charging station every 3 km kilometers, it will start in big cities along the National and national highways.
The industry is still waiting for a declaration to adopt and manufacture (hybrid and) electric vehicles faster
2) The plan is expected to be announced in April. FAME-
2 is the second phase of the incentive program offered to Indian electric vehicle consumers.
The first stage is called fame.
1, launched in 2015 and rewarded two hybrid and electric vehicles up to Rs 29,000
Wheels and Rs 1.
Lakh of 38 cars.
The new plan will receive financial support of about Rs 5,500 and is expected to last for about five years.
Sridhar V, partner at Grant Thornton India law firm, said that achieving large-scale coverage of electric vehicles in a short period of time was a serious challenge, one of which was charging infrastructure.
"While the proposal to allow individuals to set up charging stations is a welcome initiative, it remains to be seen how the government will facilitate it through its clear initiatives --
"Cutting policy measures, including pricing, distribution mechanisms, subsidies, approvals, etc. ," Cut dhar added . ".
A recent report from Icra says battery costs for electric vehicles account for almost one
Of the total cost, the third will remain a key determinant of the global acceptance of electric vehicles.
The cost of lithium in a major development
The battery for ion electric vehicles has dropped to almost one
It was $208/kWh in 2017 and $800/kWh in 2011.
According to industry experts, India's electric vehicle industry is in its infancy.
It is less than 1% of total car sales and has more than 5% growth potential in the next few years.
At present, there are more than 4 lakh electric two-in-one units
Wheels and thousands of electric vehicles on Indian roads.
Experts added that the number of industries has been fluctuating, mainly depending on incentives provided by the government.
In addition, the price of more than 95% electric vehicles is lower
Speed electric scooter with no registration and license required (less than 25 km km/h ).
To keep the price low, lead batteries are used on almost all electric scooters.
However, in addition to government subsidies, battery failure and low battery life have become the main limiting factors for sales.