To run the sale of EVS, the government is free from the 15 -year ‘end of life’ to clarify. Bharat News
New Delhi: To increase the entry of electric buses, cars and trucks, and to increase its sales, the government is likely to clarify soon that the 15 -year ‘end’ (EOL) regulation does not apply to EVS. The Ministry of Power will also extend the rules designed to reduce fuel consumption and CO2 emissions for urban freight vehicles, trucks and buses (fuel consumption and CO2 emissions designed to reduce the rules.These were among the finalized steps in a recent high-level meeting headed by Rajiv Gauba, a member of Neeti Ayog, amid concerns over the slow progress of EV entry into the country, which was barely 7.6% in 2020 in 2020, as against the target of 30% by 2030. While EV entry is more for two and three-wheelers and buses, it has slowed down for four-wheelers, not yet taken with e-truck.Sources said that while responding to an observation by Road Transport Secretary vs Umshankar, BVR Subrahmanyam, CEO of Niti Aog, suggested that if the 15 -year EOL regulation is not implemented on EVS, it can increase sales.Umashankar also said that a mandate for EV adoption works best in places where a certain level penetration and ecosystem is in place. Sources said that there was a consensus for the strategies for saturation in five cities for mandate and disintegration from encouragement for rapid EV adoption and in five cities for buses, para-trains and urban freight vehicles. A source said there was a unanimous compromise on the need for rapid expansion of charging infrastructure, rapid expansion, deployment of rapid chargers, reduced import dependence to reduce the development of new battery technologies and to reduce the e-battery technologies to reduce the import dependence and to reduce easy finance for e-troke.After days, the Finance Ministry interacted with banks to address its reluctance on the issue of Finance EVS and high interest rates. In the meeting chaired by Financial Services Secretary M Nagaraju, the banks urged the government to declare the battery, reduce the cost of the vehicle and buy some incentives to buy a new battery, given that the battery usually has to change in 6-7 years and is 40-50% of the cost of EVS.
