Press Esc to close
Tuesday 28 February 2017
News updated at 7:51 PM IST
Weather
Max: 31°C
Min : 19°C
In Bengaluru
Sunny day
Breaking News

E-vehicle policy okayed

NEW DELHI, Aug 29, 2012, DHNS :
To spur electric and hybrid vehicle production in the country, the Centre on Wednesday approved draft electric vehicle policy.

The policy outlines to produce 60 lakh electric vehicles by 2020 with the investment of Rs 23,000 crore, Heavy industries secretary S Sundareshan told reporters here.

Of the Rs 23,000 crore, half will invest from the government and the rest will be from corporate sector he said. After the meeting of the National Council for Electric Mobility (NCEM) here, attended by Union Minister for New Renewal Energy Farooq Abdhulla, Urban Development Kamal Nath, Road Transport and Highways C P Joshi and Heavy Industries Praful Patel, it was decided that the final policy document will be released by Manmohan Singh soon. However, the Secretary did not reveal the details of the policy including incentives given to industry.

At present, only Mahindra Reva sells a fully electric car in India, while there are a few electric two-wheeler makers such as Hero Electric and Electrotherm.

Currently, most of the components used in making electric vehicles in India are imported. In future, India wants to use locally manufactured components in the vehicle for which the policy will also have the road map to set up research and development centres, he said.

 

Go to Top

Photo Gallery
A hand rickshaw puller carries his old rickshaw wheel for repair in Kolkata...

A hand rickshaw puller carries his old rickshaw wheel for repair in Kolkata...

A carnival float depicting, from left, Adolf Hitler, Geert Wilders, Marine Le Pen and U.S.

A carnival float depicting, from left, Adolf Hitler, Geert Wilders, Marine Le Pen and U.S.

A view of the aircraft carrier INS Viraat docked at the Naval Dockyard ahead...

A view of the aircraft carrier INS Viraat docked at the Naval Dockyard ahead...

Firefighters trying to extinguish a blaze that broke out on Sunday evening at the Times...

Firefighters trying to extinguish a blaze that broke out on Sunday evening at the Times...

Women performing a traditional dance during Golden Jubilee celebrations of Nyokum Yullo Festival...

Women performing a traditional dance during Golden Jubilee celebrations of Nyokum Yullo Festival...

Congress candidate Ameeta Singh with her husband and senior party leader Sanjay Singh coming...

Congress candidate Ameeta Singh with her husband and senior party leader Sanjay Singh coming...

Union Home Minister and senior BJP leader Rajnath Singh along with party candidate Ratnakar...

Union Home Minister and senior BJP leader Rajnath Singh along with party candidate Ratnakar...

Mahant Gyan Das along with other sadhus after casting vote at a polling station for Assembly...

Mahant Gyan Das along with other sadhus after casting vote at a polling station for Assembly...

Congress Senior Leader Ambika Soni and Uttrakhand CM Harish Rawat with state Congress party...

Congress Senior Leader Ambika Soni and Uttrakhand CM Harish Rawat with state Congress party...

Congress Senior Leader Ambika Soni and Uttrakhand CM Harish Rawat with state Congress party...

Congress Senior Leader Ambika Soni and Uttrakhand CM Harish Rawat with state Congress party...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523