Ministry of New and Renewable Energy (MNRE), Govt. Of India has announced a great incentive program to promote the development and sales of Electric Vehicles In India. As per the incentive scheme declared, Govt. has decided to provide a 20% rebate on the ex-factory price of the electric vehicles. This will mean that there will be a drop of Rs. 4000 in the price of low-speed electric two-wheelers. This rebate will be about Rs. 5000 for high speed two-wheelers. For a seven seater three wheeler passenger vehicle, it will be Rs. 60,000 of rebate and about Rs. 1 Lakh for an electric car. In total, Govt. will provide financial incentives of about Rs. 95 Crores. Owing this these rebates, the Society of Manufacturers of Electric Vehicles (SMEV) expects a growth of about 100% in electric-vehicle sales in the near future.
Happy with this decision, SMEV director Sohinder Gill quotes
“This could have an immediate impact on sales of electric two-wheelers. In terms of monthly sales, we expect an immediate doubling of sales. We have convened a meeting of our members this week to see how quickly we can pass on the benefits to consumers. Although these incentives are for manufacturers to carry out R&D activities and to increase capacities, we will surely pass on partial benefits to the buyers.”
No comments:
Post a Comment