Follow us on
Welcome Guest! You are here: Home » Business & Economy
Government to promote sales of electric vehicles
Thursday August 14, 2014 11:32 PM, IANS

The government said Friday it is studying a proposal for creating a market, developing domestic technology and manufacturing of a full range of cleaner electric vehicles in the country.

According to Ministry of Heavy Industries and Public Enterprises, the union cabinet is looking at the National Electric Mobility Mission 2020 which has been proposed for expenditure finance committee (EFC).

The Mission plan projects a potential for six-seven million units of new electric vehicles sales which will result in fuel savings of 2.2-2.5 million tonnes that can be achieved by 2020.

The proposal includes development of mild hybrid, full hybrid vehicles (HEVs), plug in hybrids (PHEVs) and pure electric vehicles (BEVs).

"The mission envisages demand incentive scheme for faster adoption of Electric Vehicles. An inclusive approach has been proposed in the scheme and all vehicle segments come under the purview of the incentive scheme," Pon. Radhakrishnan (Minister of State), Heavy Industries and Public Enterprises ministry said in a written reply to Rajya Sabha.





Share this page
 Comments
Note: By posting your comments here you agree to the terms and conditions of www.ummid.com
comments powered by Disqus
Advertisement
| Quick links
About ummid.com
Contact us
Feedback
Subscribe to: RSS » Facebook » Twitter » Newsletter
Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange
Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.
© 2012 Awaz Multimedia & Publications. All rights reserved.