About 16,73,115 hybrid or electric vehicles are currently in use in India

Mr. Krishan Pal Gurjar, the Union Minister of State for Heavy Industries, informed that about 16,73,115 hybrid and electric vehicles are currently in use in India. He said that in order to promote the adoption of hybrid and electric vehicles in the country, the Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) Scheme in 2015. Presently, Phase II of the FAME India Scheme is being implemented for a period of five years with effect from April 1, 2019, with a total budgetary support of US$ 1.22 billion (Rs. 10,000 crores).

The Government of India has taken various steps for the adoption of hybrid and electric vehicles in the country which include the approval of the Production Linked Incentive (PLI) Scheme or manufacturing of Advanced Chemistry Cell (ACC), reduction in goods and services tax (GST) from 12% to 5%, and green license plates to the battery-operated vehicles.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.