EV sales reach 280,000 units till Nov 2019
Sales of electric vehicles (EVs) in India have reached 280,000 units till November, according to the Economic Survey 2019-20.
Most of these vehicles sold are, however, three-wheelers that run on lead-acid batteries. The Union government has decided to stop offering subsidies to such vehicles in the second phase of the FAME scheme, unless they are fitted with lithium-ion batteries.
The government is trying to promote the manufacturing and usage of electric vehicles to reduce India’s carbon footprint and crude oil imports. The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles, or FAME 2, scheme—to expand commercial vehicle fleet—was announced with an outlay of ₹10,000 crore in March 2019.
