{"id":620140,"date":"2023-11-29T11:24:22","date_gmt":"2023-11-29T05:54:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=620140"},"modified":"2023-11-29T12:53:53","modified_gmt":"2023-11-29T07:23:53","slug":"electric-buses-to-make-up-for-11-13-of-new-sales-by-fy25-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/electric-buses-to-make-up-for-11-13-of-new-sales-by-fy25-icra\/","title":{"rendered":"Electric buses to make up for 11-13% of new sales by FY25: ICRA"},"content":{"rendered":"<p>The electrification of India\u2019s bus fleet is expected to ramp up significantly in the coming years, with 11-13% of all new bus sales expected to be electric by the financial year ending March 2025, according to a report by credit ratings agency ICRA. Over the previous few years, e-bus volumes and penetration levels have steadily increased to reach 7% by FY23, the report said. <\/p>\n<p>The growing uptake has been aided by a government push to electrify public transport on both central and state levels through incentives and policy changes. <\/p>\n<p>Significant government support has been through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The electrification of India\u2019s bus fleet is expected to ramp up significantly in the coming years, with 11-13% of all new bus sales expected to be electric by the financial year ending March 2025, according to a report by credit ratings agency ICRA. Over the previous few years, e-bus volumes and penetration levels have steadily increased to reach 7% by FY23, the report said. The growing uptake has been aided by a government push to electrify public transport on both central and state levels through incentives and policy changes. Significant government support has been through the Faster Adoption and Manufacturing [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-620140","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=620140"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620140\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=620140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=620140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=620140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}