\nbatteries<\/li>\n
\nvehicle (BEV)<\/li>\n<\/ol>\n
More often than not, electric cars in the context of mobility and environmental <\/p>\n Background:<\/strong><\/p>\n \u25cb\u00a0 Phase I:<\/strong> started in 2015 and was completed on 31st March, \u25cb\u00a0 Phase II<\/strong>: started from April, 2019, will be completed by 31st \u25cb\u00a0 Technology development<\/p>\n \u25cb\u00a0 Demand Creation<\/p>\n \u25cb\u00a0 Pilot Projects<\/p>\n \u25cb\u00a0 Charging Infrastructure<\/p>\n \u25cf\u00a0 Objectives of FAME Scheme:<\/strong><\/p>\n \u25cb\u00a0 Encourage faster adoption of electric and hybrid vehicles<\/a> by way of offering upfront Incentive on purchase of Electric vehicles.<\/p>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u25cb\u00a0 Establish a necessary charging Infrastructure for electric vehicles. \u25cf\u00a0 Salient Features of Phase II:<\/strong><\/p>\n \u25cb\u00a0 The outlay of\u00a0 \u20b910,000 crore has been made for three years till 2022 for FAME 2 scheme. The centre has sanctioned\u00a0 \u20b98,596 crore for incentives, of which\u00a0 \u20b91,000 crore has been earmarked for setting up <\/a>charging stations<\/a> for electric vehicles in India.<\/p>\n \u25cb\u00a0 Emphasis on electrification of the public transportation<\/strong> that includes \u25cb\u00a0 This phase aims to support, through subsidies, approximately 7000 \u25cb\u00a0 In 3-Wheel (W) and 4-Wheel (W) segment<\/strong> incentives will be applicable \u25cb\u00a0 In the 2-Wheel (W) segment<\/strong>, the focus will be on the private vehicles.<\/p>\n \u25cb\u00a0 To encourage advanced technologies, the benefits of incentives will be \u25cb\u00a0 The scheme proposes for establishment of charging infrastructure,<\/strong> \u25cb\u00a0 Establishment of Charging stations are also proposed on major <\/strong> \u25a0\u00a0 On such highways, charging stations will be established on Benefits of Electric Vehicles:<\/strong><\/p>\n Cost Effective<\/strong>: With advent of advance technology and dedicated R&D, both cost and maintenance of electric vehicles has gone down. Government is incentivizing the use of Electric Vehicles by providing subsidies and lower motor taxes on EVs.<\/p>\n Environment Friendly<\/strong>: Electric Vehicles are 100 percent eco-friendly. They do not emit toxic gases or smoke in the environment which leads to global warming and helps to reduce pollution.<\/p>\n Energy Security<\/strong>: As electricity is majorly produced from either renewable sources or from sources that emit no greenhouse gases thus EVs help in maintain energy security by Less Maintenance:<\/strong> Electric vehicles require less maintenance than conventional vehicles as there are fewer fluids (like oil and transmission fluid) to change and fewer moving parts.<\/p>\n Reduction in Noise pollution:<\/strong> Electric vehicles are quieter to operate than gasoline-powered vehicles, leading to reduction in noise pollution.<\/p>\n Challenges In Consumer Adoption Of Electric Cars<\/strong><\/p>\n Breaking away the old norms and establishing a new consumer behaviour is always a challenge. It is common to find users anxious about the speed and range of EVs. Thus, a lot of sensitization and education is needed, in order to bust several myths and promote EVs within the Indian market<\/p>\n Apart from this, there are a number of challenges in the adoption of electric vehicle cars in India in the near future. These include:<\/p>\n In the recent budget, tariff on import of auto parts has been increased, which would be bad for the promotion of EV.<\/p>\n Three stocks that may benefit from India\u2019s <\/strong> The company has a wide reach in Indian markets and is one the most trusted by Indian car owners.<\/p>\n As the main component of the electric vehicles is battery, India's second-biggest traditional battery maker Amara Raja is looking to build a Lithium-ion assembly plant soon. The firm is already working in collaboration with different state governments to promote the use of electric vehicles. They have collaborated with Delhi government to set up charging station.<\/p>\n World\u2019s best performing Indian auto parts maker Minda Industries will get a boost from the electric vehicle market. The company is in touch with original equipment manufacturers for possible EV-compatible systems and is evaluating existing products India to launch Hydrogen Energy Mission<\/strong><\/p>\n Union Minister for Finance Nirmala Sitharaman announced that the Hydrogen Energy Mission will be launched in 2021-22, during her budget speech February 1, 2021.<\/p>\n \u201cPrime Minister Narendra Modi, while speaking at the Third Re-inVest Conference in November 2020, had announced plans to launch a comprehensive National Hydrogen Energy Mission. It is now proposed to launch a Hydrogen Energy Mission in 2021-22 for generating hydrogen from green power sources,\u201d Sitharaman said.<\/p>\n \u201cGreen Hydrogen Mission is not only essential to decarbonise heavy industries like steel and cement, it also holds the key to clean electric mobility that doesn\u2019t depend on rare minerals,\u201d Ulka Kelkar, director, Climate, World Resources Institute, India, told Down To Earth<\/em>.<\/p>\n \u201cHydrogen can be generated from many sources. But what the minister talked about was the hydrogen sources from renewable sources However, green hydrogen energy technologies come with their own problems.<\/p>\n \u201cIn terms of reaching commercial viability, there are a range of demonstration and real-world live applications currently operating across the world,\u201d<\/p>\n DELHI\u201dS INITIATIVE (SWITCH DELHI CAMPAIGN)<\/strong><\/p>\n Chief Minister Arvind Kejriwal on February 4 launched the ‘Switch Delhi’ campaign and said his government will ensure that within the next six months, only electric vehicles are hired by different departments.<\/p>\n Under the campaign, awareness will be created about the benefits of electric Electric vehicle makers on Friday termed the ‘Delhi Electric Vehicle Policy<\/a>‘ as a step Chief Minister Arvind Kejriwal on Friday launched the ‘Delhi Electric Vehicle Policy’ Under the policy, the Delhi government will give incentive of up to\u00a0 \u20b930,000 for electric two-wheelers, autos, e-rickshaws and freight vehicles.<\/p>\n According to the Society of Manufacturers of Electric Vehicles (SMEV), this policy will provide more push to the existing EV architecture than the current FAME II scheme by the Centre.<\/p>\n Karnataka is the first state to unveil an electric vehicles policy, hoping to generate investments of Rs 31,000 crore in EV R&D and manufacturing.<\/p>\n Since then, 11 states including Gujarat, Delhi, Maharashtra, Tamil Nadu, Telangana and Andhra Pradesh have brought out their own EV policies. Bengaluru is also home to promising EV startups in the country such as Ola Electric, Sun Mobility and Ather Energy. Ola signed a deal to set up its scooter making facility in Tamil Nadu recently.<\/p>\n Despite the hype, Tesla\u2019s foray into India may well prove challenging. The country hasn\u2019t yet rolled out the welcome mat for EVs like neighbor China, where Tesla set up its first factory outside of the U.S. and now dominates sales of premium EVs.<\/p>\n EVs account for about 5% of China\u2019s annual car sales, according to BloombergNEF, compared to less than 1% in India. By 2030, the government aims to make India a 100-per cent electric-vehicle nation.<\/p>\n According to the International Energy Agency, around 60% of the world\u2019s public <\/a> To structure your\u00a0CAT online preparation<\/a>\u00a0in an efficient way consider joining iQuanta which is a\u00a0top online cat coaching<\/a>\u00a0institute and being a part of the iQuanta CAT 22 Course.
\nconservation refer to battery electric vehicles, but may also refer to plug-in <\/a>
\nhybrid electric vehicles<\/a> (PHEV)<\/p>\n\n
\nof the National Electric Mobility Mission Plan<\/a>. Main thrust of FAME is to
\nencourage electric vehicles by providing subsidies.<\/li>\n
\n\u25cf Two phases of the scheme:<\/li>\n<\/ul>\n
\n2019<\/p>\n
\nMarch, 2022<\/p>\n\n
\nHybrid, Plug in Hybrid & Battery Electric Vehicles.<\/strong><\/strong><\/li>\n
\n\u25cb\u00a0 To address the issue of environmental pollution and fuel security.<\/p>\n
\nshared transport.<\/p>\n
\ne-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.<\/p>\n
\nmainly to vehicles used for public transport or registered for <\/strong>
\n\u00a0\u00a0\u00a0\u00a0 commercial purposes.<\/strong><\/p>\n
\nextended to only those vehicles<\/strong> which are fitted with advanced
\nbatteries like a Lithium Ion battery<\/a> and other new technology <\/strong>
\n\u00a0\u00a0\u00a0\u00a0 batteries.<\/strong><\/p>\n
\nwhereby about 2700 charging stations will be established in metros,
\nother million plus cities, smart cities and cities of Hilly states across
\nthe country so that there will be availability of at least one charging
\nstation in a grid of 3 km x 3 km.<\/p>\n
\n\u00a0\u00a0\u00a0\u00a0 highways connecting major city clusters.<\/strong><\/p>\n
\nboth sides of the road at an interval of about 25 km each.
\n![\"\"](\"https:\/\/www.iquanta.in\/blog\/wp-content\/uploads\/2021\/12\/WhatsApp-Image-2021-12-16-at-4.09.20-PM-1.jpeg\")
<\/a><\/p>\n
\nshifting dependence from non- renewable resources to renewable resources.<\/p>\n\n
\nelectric vehicle push<\/strong><\/p>\n\n
\n
\n
\nto see how they will fit into the market. The company has already increased the
\nR&D costs to enter the electric vehicle segment to capitalize on the opportunity.<\/p>\n
\nFocussing on the production of green hydrogen in India would mean significantly ramping up the current renewable energy infrastructure across the country, according to experts.<\/p>\n
\nvehicles and how it can contribute to making Delhi clean and pollution-free, he
\nsaid.<\/p>\n
\nin the right direction to encourage adoption of clean energy vehicles in the capital and said it will set an example for other states to follow.<\/p>\n
\nunder which his government will waive registration fee and road tax, and provide
\nincentive of up to \u20b91.5 lakh for new electric cars in the national capital. Incentives of
\nup to \u20b93 lakh are provided under Delhi EV policy, which includes 1.5 lakh subsidy,
\nregistration, and road tax exemption. This is the highest subsidy in India and makes the
\ntotal cost of ownership of an electric car in Delhi the same as a diesel car.<\/p>\n
\nslow- and fast-charging spots<\/a> are in China. As Chinese carmakers roll out
\ncompetitive EV models and develop a diverse ecosystem, the country is \u201cheading toward disrupting the current global auto industry landscape,\u201d UBS Group AG analysts wrote in a report last month.<\/p>\n
\nYou can also check out and be a part of their\u00a0Facebook group<\/a>\u00a0for peer learning, doubt solving and free material.<\/p>\n
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