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Govt. of India  announced 100% 70% and 50% subsidy on Electric Vehicle Charging station

17th July, 2019 Government of India has recently approved Phase-II of the FAME IndiaScheme [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India],for 3 years commencing from -1st April 2019 with a total budgetary support of Rs.10,000 Crore. The main focus of this phase is electrification of the public & sharedtransportation. The detail notification for FAME India scheme phase II is available atwww.dhi.gov.in.For deployment of charging stations up to 100% subsidy will be given on cost of charger. ...

EV Charging Infra Support Equipment

EV Policy updates from various statesMaharashtra state has revealed various plans to ensure smooth deployment of EVs:Interest Subsidy will be provided to qualifying MSMEsQualifying MSMEs are exempted from Electricity duty for up to 15 yearsFor manufacturing units in Vidarbha a power tariff subsidy of Rs. 1/Unit for upto 3 years is providedMSEDCL plans 10 electric vehicle fast charging stations in NagpurKarnataka Government has also announced incentives and concessions for MSMEs:Term loans ranged from Rs. 10 Cr to Rs. 50 Cr ...

Fabrication Electric Vehicle Charger

Government of India is aggressively trying to awareness about the benefits of electric vehicles in the country through scheme of Faster Adoption and Manufacturing of Electric Vehicles in India Phase II. In the revolution of electric mobility and its bright future in India, gives birth to another potential business that will manufacturing of Electric Vehicle Charger (Slow as well as Rapid Charging Equipment).Mainly, electric vehicle chargers come under three main categories – Rapid, Fast & Slow. The types of charger ...

Tamil Nadu EV Policy

16th September, 2019Encouraging the adoption of electric vehicles (EVs) in the state, the government of Tamil Nadu has announced the Electric Vehicle Policy draft with a number of recommendations and changes for the EV sector. The big takeaway from the announcement will be the 100 per cent exemption on registration fees for EVs till the end of 2022. According to the policy draft, the state government plans to become a centre for the EV ecosystem, not just in demand but ...

EV Battery pack assembly Business

The EV supply chain is similar to the ICE passenger vehicle supply chain. However, instead ofcompeting based on the engine and transmission, EVs compete based on their batteries. The amount of energystored in the battery determines the range of the EV, thought to be a major limitation on EVsales. The processes used for manufacturing Lithium batteries are very similar to those used in the production of Nickel Cadmium cells and Nickel Metal Hydride cells with some key differences associated with ...