Green License Plates For e-Vehicles

Why in News?

To promote electric vehicles in India, the government has approved green licence plates bearing numbers in white fonts for private e-vehicles and yellow for taxis.

 

FACTS FOR PRELIMS

Highlights

i)The purpose behind distinctive number plates is their easy identification for preferential treatment in parking, free entry in congested zones besides other proposed benefits like concessional toll.

ii)The government is contemplating permitting youth in the age group of 16-18 years to drive e-scooters, which are gearless and this will lead to a big demand for e-scooters.

iii)The government is also contemplating to ask taxi aggregators to have an incremental share of electric vehicles from 2020 onwards, which could be 1 per cent of the fleet every year.

iv) Ministry of Road Transport and Highways will request the Finance Ministry that the rate of depreciation on EVs may be allowed at 50 per cent as against the rate of 15 per cent for conventional vehicles.

v)The proposals include bringing down the GST on batteries to 12 per cent at par with the GST on EVs.

 

FAME India Scheme

i)The FAME India scheme was launched in 2015 under National Electric Mobility Mission Plan (NEMMP) with an aim to promote eco-friendly vehicles in the country.

ii)It aims to provide fiscal and monetary incentives for adoption and market creation of both hybrid and electric technologies vehicles in the country.

iii)It will also support the hybrid or electric vehicles market development and its manufacturing eco-system in the country in order to achieve self-sustenance.

iv)It is being administered by the Heavy Industries Ministry. It will provide demand incentives to electric and hybrid vehicles from two-wheeler to buses.

National Electric Mobility Mission Plan

It aims to achieve national fuel security by promoting hybrid and electric vehicles in the country. It has set an ambitious target of 6-7 million sales of hybrid and electric vehicles year on year from 2020 onwards.

NOTE4STUDENTS-Road transport and highways minister Nitin Gadkari has fixed 2030 as the deadline for implementation of electric vehicles policy.

 

NOTE4STUDENTS-The NitiAayog charted out a 15-year roadmap for complete electrification after which shared mobility players such as Ola, Uber and Zoom started to tap into electric vehicles market.

 

Source-Hindu.