Government sets modest target for electric vehicle sales: Report

0
954

The Centre aims to achieve the target of increasing the sale of electric cars in India to 4 percent of the overall new vehicles sales in the next five years, starting from 2018-19, according to a report in Mint.

Image for representational purpose only

The government has taken into consideration the possible roadblocks in the process of adopting electric mobility while setting this target. It is for the next stage of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, according to documents from the department of heavy industries.

In 2013, National Electric Mobility Mission Plan (NEMMP) was launched by the then prime minister Manmohan Singh, which aimed to achieve sales of 5-6 million electric and hybrid vehicles by 2020. This is much higher than the current targets set by the government under FAME.

(Source: Via Moneycontrol)

SHARE YOUR THOUGHTS & COMMENTS

Please enter your comment!
Please enter your name here

Are you human? *