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Govt To Unleash Rigorous PMP To Boost Shares Of Domestically Produced EV Components

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As per the new guidelines in the program, the number of components were brought down from 18 to 12.

Similar to mobile phones, the government of India is now actively working to unleash a new phased manufacturing programme (PMP) for the electric vehicle industry, which is expected to augment the market shares of components produced in-house. Sources, who wish to remain anonymous, revealed that the guidelines of the upcoming program will be applicable for those companies who will participate in the upcoming Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-III) subsidy scheme.

The scheme, which is likely to be unleashed towards the end of this year, will be constituted by a four-member team, which includes representatives from department of heavy industries, Automotive Research Association of India. The upcoming PMP is expected to be more imperative because it would decrease EV manufacturing components to a higher extent, claims sources. 

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In an effort to bolster the industry, the PMP will also look to manufacture non-critical components in India itself. As per the new guidelines in the program, the number of components were brought down from 18 to 12. “This time in the PMP, the localisation scrutiny guidelines have been clearly mentioned so as to detect any violations of the proposed norms,” the sources added. 

The critical components include electric compressors for HVAC (heating, ventilation, and air conditioning), electric compressors for brakes, AC charging inlets, DC charging inlets, traction battery packs, DC-to-DC converters, electronic throttles, and vehicle control units, among others.

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