Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 200
MACHINIST - MNRE's incentive scheme gives boost to Indian Electric Vehicle Industry

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Register to Subscribe

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 174

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 59

Strict Standards: Non-static method modules_html::CustomContent() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 360



Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
DMG - The leading manufacturer worldwide of cutting machine tools

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

ADS


Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Home arrow News arrow Automotive arrow MNRE's incentive scheme gives boost to Indian Electric Vehicle Industry

Strict Standards: Non-static method mosMainFrame::sessionCookieName() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 34

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/components/com_content/content.php on line 36

Strict Standards: call_user_func_array() expects parameter 1 to be a valid callback, non-static method HTML_content::show() should not be called statically in /home/wwwmach/public_html/includes/Cache/Lite/Function.php on line 114

Strict Standards: Non-static method HTML_content::_Itemid() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 444

Strict Standards: Non-static method HTML_content::_linkInfo() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 447

Strict Standards: Non-static method HTML_content::Title() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 462

Strict Standards: Non-static method HTML_content::PdfIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 465

Strict Standards: Non-static method mosHTML::PrintIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 468

Strict Standards: Non-static method mosAdminMenus::ImageCheck() should not be called statically in /home/wwwmach/public_html/includes/joomla.php on line 2245

Strict Standards: Non-static method HTML_content::EmailIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 471

Strict Standards: Non-static method mosAdminMenus::ImageCheck() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 713
MNRE's incentive scheme gives boost to Indian Electric Vehicle Industry
Strict Standards: Non-static method HTML_content::EditIcon() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 615
Print E-mail

Strict Standards: Non-static method HTML_content::Section_Category() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 503

Strict Standards: Non-static method HTML_content::Section() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 738

Strict Standards: Non-static method HTML_content::Category() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 741

Strict Standards: Non-static method HTML_content::Author() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 506

Strict Standards: Non-static method HTML_content::CreateDate() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 509

Strict Standards: Non-static method HTML_content::URL() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 512

Strict Standards: Non-static method HTML_content::ModifiedDate() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 528

Strict Standards: Non-static method HTML_content::ReadMore() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 531
Written by Anand   
Tuesday, 23 November 2010

Strict Standards: Non-static method HTML_content::TOC() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 518
New Delhi: The Ministry of New & Renewable Energy (MNRE), Government of India has announced the much awaited incentive scheme for Electric Vehicles in India by which the manufacturers of Electric Vehicles will receive financial incentive for each Electric Vehicle sold in India.

The scheme envisages incentives of up to 20% on the ex-factory prices of the vehicles, subject to a maximum limit. The cap on the incentive will be Rs.4,000 for low speed electric two wheelers, Rs.5,000 for high speed electric two wheelers and Rs. 1 lac for an electric car. "The incentive scheme is a classic example of proactive working of Government of India and the Indian Electric Vehicle industry, where at each stage and very frequently the Industry was consulted and taken into confidence for developing the scheme and creating the systems of its successful implementation," said Sohinder Singh Gill, Director- Society of Manufacturers of Electric Vehicles (SMEV) and Chief Executive Officer-HERO Electric.

Sohinder Gill highlighted that the manufacturers will have to get registered for availing this scheme and there will be strict criteria’s for registration to ensure that only genuine manufacturers are given the benefits.

Some of the eligibility criteria’s being imposed are – Electric Vehicles must have at least 30% indigenous content, a sizable operation in retail and after sale service outlets and a multi-point check system for accounting the real retail sale. The scheme will be operational for the remaining part of the current fiscal 2010-11 and will continue in next fiscal 2011-12 also.

He further added that the incentive scheme will act like a lifesaving drug for the EV industry which is almost in the ICU with stagnation in growth in the last 1 year. It will be particularly beneficial for the Electric Two-wheeler and small Car category because these are the only two segments where the products are available.

V.U.Giri,(son of Late President of India V.V.Giri) and Secretary General – SMEV , the only representative body for Electric Vehicles in India and globally , added "This most awaited incentive scheme would definitely provide the much needed impetus to the Industry." World over the countries are offering big incentives for adoption of Electric Vehicles and in countries like China it has led to a massive growth of Electric Vehicles. Delhi as an example where similar incentive scheme led to a healthy growth in volumes and now there are more than 40000 electric scooters on Delhi roads.

HERO Electric is the market leader in the Electric two-wheeler segment and Sohinder Gill is very hopeful of doubling their volumes as a result of this scheme.

Amit Garg, Head-Marketing, HERO Electric and Executive Head- SMEV adds, "It is now proven without doubt that even in countries like India, where major percentage of electricity comes from the polluting thermal power, the Electric Vehicles will help reduce the vehicular pollution in a significant manner. Also the amount allocated towards the subsidy is a fraction of what India will save in terms of reduced Crude oil imports. "

SMEV has 34 members, which include Electric Vehicles Manufacturers and Component manufacturers.

SMEV is now actively pursuing with the government for the next major milestone - the announcement of National EV policy which will have far reaching positive impact and implications on the Indian transport sector.
 
Related news
More recent
Earlier on

Strict Standards: Non-static method HTML_content::Navigation() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 542
< Prev   Next >

Strict Standards: Non-static method mosHTML::CloseButton() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 545

Strict Standards: Non-static method mosHTML::BackButton() should not be called statically in /home/wwwmach/public_html/components/com_content/content.html.php on line 548

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Sponsors

Mazak - The world's largest machine tool builder

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
JYOTI - India's most dynamic machine builder

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
TaeguTec - Cost effective tooling solutions

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112
Advertisement

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

<< SHARE


Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Social


Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

AD


Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Subscribe

Subscribe to MACHINIST by Email


Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_xhtml() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 112

Search

 

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_naked() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 117

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133

Strict Standards: Non-static method modules_html::module2() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 166

Strict Standards: Non-static method modules_html::modoutput_naked() should not be called statically in /home/wwwmach/public_html/includes/frontend.html.php on line 117

Strict Standards: Non-static method mosAdminMenus::ImageCheck() should not be called statically in /home/wwwmach/public_html/modules/mod_rssfeed.php on line 22
RSS 1.0
© 2016 MACHINIST
This site is best viewed with Firefox 2.0 or higher at a minimum screen resolution of 1024x768

Strict Standards: Non-static method mosCache::getCache() should not be called statically in /home/wwwmach/public_html/includes/frontend.php on line 133