Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Delhi Govt willing to bring about 1,000 electric buses soon

- Advertisement -

Delhi Government is soon likely to come out with a policy to incentivise people willing to shift from fossil fuels as an energy source to electric (energy), Transport Minister, Mr Kailash Gahlot said at an ASSOCHAM event held in New Delhi.

Electric buses, Delhi government, Assocham meet, India
Image for representational purpose only

“Cost of electric buses at Rs 2.75 crore is way too high and unsustainable, I would request the central government for more subsidy along with financial and technical help,” said Mr Gahlot while addressing an ASSOCHAM International Conference on ‘Electric vehicles: Future roadmap for India.’

He also said that since electric vehicles are all about charging, clarity on power tariff becomes very important for quoting the rates. “I think we should look towards subsidy on the power to be consumed by electric vehicles.”

- Advertisement -

The transport minister added that it is imperative to bring down cost of electric vehicles to make it affordable and viable for public transport.

He also sought clarity on Union Government’s FAME Scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles), a program of incentives offered to EV buyers to help improve adoption and sales.

“Even under the FAME scheme, there are lot of gaps and there is lot of ambiguity, like for instance there is no clarity amid manufacturers when asked whether they would qualify in the kilometre scheme,” said the Delhi Transport Minister. “More clarity in this regard will help us move swiftly,” he added.

Seeking guidance to expedite process of procuring electric buses in Delhi, Mr Gahlot urged the electric vehicle manufacturers to come forward and advise on how to move ahead in this regard. “Delhi government is very keen and more than willing to induct electric buses, we are open to every idea, suggestion which can help us place orders as fast as possible, we are absolutely ready.”

He however said that it is a challenge for Delhi Government to bring in electric buses as the entire infrastructure and ecosystem needs to be created. As such he advised the industry leaders to provide for complete solution instead of just focusing on selling the electric vehicles.

Mr Gahlot further said that while Delhi Government has already given commitment to induct 100 electric buses, it is willing to increase the fleet to 1,000 as soon as possible.

“If we have to really change the entire ecosystem and push this scheme then I wish the central government would have given the liberty to place 1,000 electric buses to each state,” he said.

In his address at the ASSOCHAM conference, NITI Aayog CEO, Mr Amitabh Kant impressed upon the need to bring in better technologies like electric vehicles in India’s automobile and auto component sector to ensure better quality of life for its citizens.

Highlighting the importance of the sector, Mr Kant said that automobile and auto component sector contributes about 7.2 per cent to India’s overall gross domestic product (GDP), creates over 30 million jobs and almost 25 per cent of its total manufacturing is exported abroad.

“So whatever we do we must understand that the role of automobile and auto component sector must continue to grow and expand, to be a job creator, to be a GDP contributor and to play a major role in exports,” added the NITI Aayog CEO.

He said that in the electric vehicular segment, objective is to accelerate the pace while ensuring that India maintains its size and scale, its GDP share, employment share and that is possible only if we are able to produce to size and scale.

“We will continue to support this movement in a very big way, we will continue to support all OEM and Indian manufacturers, we would like major disruptions to take place in India, we would like interoperable charging systems and we would like to support EVs by a vast range of initiatives like lower road taxes and push them and the government will act as a catalyst to support this entire movement so that automobile and auto component sector continues to play a very major and significant role in India’s GDP, job creation as well as exports,” said Mr Kant.

“As a policy framework this cuts across several departments – Ministry of Road Transport, Power, Heavy Industries but we in NITI Aayog will continue to coordinate and drive this movement,” he said further.

“The change is inevitable but we should do it in a manner where we do not disturb combustion vehicle manufacturing, we should do to size and scale which will enable India to become centre for manufacturing, battery manufacturing for usage as well as for exports,” he added. “It is possible to do this in India is because our per-capita usage of car is still very low.”

- Advertisement -

Most Popular Articles

Advanced Energy Opens New Facility In Greater Boston

0
Aiming to support local talent and innovation in the Boston tech corridor, Power electronics manufacturer Advanced Energy has opened a new design and service...

Zoho Group CEO Debunks Reports Of Setting up New Silicon Carbide Unit In Odisha

0
According to Vembu, the reports are based out of media speculation because the investment proposal is yet to be approved internally by the company. Hours...

EV Sales In Europe See Steepest Annual Drop Since 2017

0
In August 2024, Europe saw sales of 125,070 electric vehicles (EVs), a 36% year-over-year decrease and the most significant decline since January 2017. Consequently,...

Greaves Electric Mobility Expands Ampere Range With Dealers

0
After receiving government incentive approval, Greaves Electric Mobility invites new dealers to expand its Ampere range, looking for better customer experience and affordability. Greaves Electric...

TSMC Arizona Unit Starts Producing Apple’s Latest A16 SoC Using 5-nm Process

0
Apple A16 chips with 5nm process produced in TSMC Arizona plant are likely to be used in upcoming iPads, and the next generation iPhone...
Sirajuddin Ali, Founder and CEO of Malitra

“We Need Changes In National Building Codes, Along With Stringent Guidelines For Existing Buildings...

0
What are the policy shifts that could drive the expansion of India's EV ecosystem? Sirajuddin Ali, Founder and CEO of Malitra, an EV charging...
Narayan Kumar, Divisional Director - Industrial Devices Division, Panasonic Life Solutions India

“Automotive Is Currently Dominant; Infrastructure, ICT, Factory Automation Poised For Growth” – Narayan Kumar,...

0
In a discussion with EFY, Narayan Kumar, Divisional Director of Panasonic Life Solutions India's Industrial Devices Division (INDD), shared insights on the company's strategy...
Brajendra Singh Tomar CEO and Founder of Finayo

“Leasing Companies Critical For EV Adoption In The B2B Vertical” – Brajendra Singh Tomar,...

0
Why do electric rickshaws outsell L-category electric three-wheelers in rural and semi-rural areas? Is there potential for change? Brajendra Singh Tomar, CEO and Founder...
Naresh Neelakantan Global Nexus

“Cyber attack On A Vehicle Is An Attack On The OEM’s Image” – Naresh...

0
With the ongoing rapid evolution in the automotive arena, are cyberattack threats also increasing? Moreover, are software defined vehicles (SDVs) equipped to counter these...
Pradeep Palelli co-founder and CEO of Thanos Technologies

“Drones Represent High Technology And Are High-Ticket Items” – Pradeep Palelli, Co-Founder and CEO...

0
Three thousand – not a nod to Iron Man's love for his daughter, but the annual production capacity of spraying agri-drones at Thanos Technologies’...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

Thinker bell’s Self-Learning And Remote-Enabled Braille Literacy Device

0
Bengaluru-based startup Thinkerbell Labs Pvt Ltd was founded by Dilip Ramesh, Sanskriti Dawle, Aman Srivastava, and Saif Shaikh in 2016. For many years, Braille has...

Mukunda Foods: From QSRTo Kitchen Technology Expert

0
Mukunda Foods, originally a QSR, evolved into a kitchen technology expert, simplifying kitchen operations through automation. Established in 2012 by Eshwar K Vikas and Sudeep...

Industry's Buzz

Advanced Energy Opens New Facility In Greater Boston

0
Aiming to support local talent and innovation in the Boston tech corridor, Power electronics manufacturer Advanced Energy has opened a new design and service...

Zoho Group CEO Debunks Reports Of Setting up New Silicon Carbide Unit In Odisha

0
According to Vembu, the reports are based out of media speculation because the investment proposal is yet to be approved internally by the company. Hours...

EV Sales In Europe See Steepest Annual Drop Since 2017

0
In August 2024, Europe saw sales of 125,070 electric vehicles (EVs), a 36% year-over-year decrease and the most significant decline since January 2017. Consequently,...

Greaves Electric Mobility Expands Ampere Range With Dealers

0
After receiving government incentive approval, Greaves Electric Mobility invites new dealers to expand its Ampere range, looking for better customer experience and affordability. Greaves Electric...

TSMC Arizona Unit Starts Producing Apple’s Latest A16 SoC Using 5-nm Process

0
Apple A16 chips with 5nm process produced in TSMC Arizona plant are likely to be used in upcoming iPads, and the next generation iPhone...

Learn From Leaders

Sirajuddin Ali, Founder and CEO of Malitra

“We Need Changes In National Building Codes, Along With Stringent Guidelines For Existing Buildings...

0
What are the policy shifts that could drive the expansion of India's EV ecosystem? Sirajuddin Ali, Founder and CEO of Malitra, an EV charging...
Narayan Kumar, Divisional Director - Industrial Devices Division, Panasonic Life Solutions India

“Automotive Is Currently Dominant; Infrastructure, ICT, Factory Automation Poised For Growth” – Narayan Kumar,...

0
In a discussion with EFY, Narayan Kumar, Divisional Director of Panasonic Life Solutions India's Industrial Devices Division (INDD), shared insights on the company's strategy...
Brajendra Singh Tomar CEO and Founder of Finayo

“Leasing Companies Critical For EV Adoption In The B2B Vertical” – Brajendra Singh Tomar,...

0
Why do electric rickshaws outsell L-category electric three-wheelers in rural and semi-rural areas? Is there potential for change? Brajendra Singh Tomar, CEO and Founder...
Naresh Neelakantan Global Nexus

“Cyber attack On A Vehicle Is An Attack On The OEM’s Image” – Naresh...

0
With the ongoing rapid evolution in the automotive arena, are cyberattack threats also increasing? Moreover, are software defined vehicles (SDVs) equipped to counter these...
Pradeep Palelli co-founder and CEO of Thanos Technologies

“Drones Represent High Technology And Are High-Ticket Items” – Pradeep Palelli, Co-Founder and CEO...

0
Three thousand – not a nod to Iron Man's love for his daughter, but the annual production capacity of spraying agri-drones at Thanos Technologies’...

Startups

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

Thinker bell’s Self-Learning And Remote-Enabled Braille Literacy Device

0
Bengaluru-based startup Thinkerbell Labs Pvt Ltd was founded by Dilip Ramesh, Sanskriti Dawle, Aman Srivastava, and Saif Shaikh in 2016. For many years, Braille has...

Mukunda Foods: From QSRTo Kitchen Technology Expert

0
Mukunda Foods, originally a QSR, evolved into a kitchen technology expert, simplifying kitchen operations through automation. Established in 2012 by Eshwar K Vikas and Sudeep...