1. Effects of FAME II will go beyond the vehicles that are eligible under the FAME II
2. There are considerable energy and CO2 savings associated with the two, three, and four-wheeled vehicles and buses covered by FAME II over their lifetime, as well as the potential savings associated with greater adoption levels by 2030
3. The electric buses covered under FAME II will account for 3.8 billion vehicle kilometres travelled (e-vkt) over their lifetime
4. In order to capture the potential opportunity in 2030, batteries must remain a key focal point as they will continue to be the key cost driver of EVs.
5. Vehicles eligible under FAME II scheme can cumulatively save 5.4 million tonnes of oil equivalent over their lifetime worth Rs 17.2 thousand crores.
6. EVs sold through 2030 could cumulatively save 474 million tonnes of oil equivalent (Mtoe) worth INR 15 lakh crore and generate net CO2 savings of 846 million tonnes over their operational lifetime.
7. India needs the auto industry's active participation to ease electric mobility transition. The auto and battery industries could collaborate to enhance customer awareness, promote domestic manufacturing, promote new business models, conduct R&D for EVs and components, consider new business models to promote EVs
8. The government should focus on a phased manufacturing plan to promote EVs, provide fiscal and non-fiscal incentives for phased manufacturing of EVs and batteries. Different government departments can consider a bouquet of potential policies, such as congestion pricing, ZEV credits, low emission/exclusion zones, parking policies, etc. to drive adoption of EVs.
India's electric vehicle market is poised for growth with a blend of policies, such as FAME II, and the automotive industry's willingness to provide new mobility solutions to the citizens of the country. Such a transformation will create enormous economic, social and environmental benefits for the citizens of India.
With elections just around the corner, Congress's Priyanka Gandhi Vadra held a roadshow in Ghaziabad on Friday. Congress leader Priyanka Gandhi Vadra held a roadshow in Ghaziabad on Friday in support of Congress candidate Dolly Sharma. She spoke about her party's minimum income guarantee scheme and asked the ruling party what they did in five years of their tenure. "Congress wants to work for you. We want to waive off farmers' loans, provide a minimum income guarantee. Chose the party that will work you. Read the Congress manifesto. Ask what is in store for me. We asked shopkeepers, farmers and the young people what they want. After that, we came up with the manifesto." She said. Priyanka Gandhi is the party in-charge of eastern Uttar Pradesh.
Along with sister Priyanka Gandhi by his side, Congress president Rahul Gandhi Thursday filed his nomination from Wayanad in Kerala and said he is fighting the Lok Sabha polls from a second seat in the south beside Amethi in the north to send a message of unity and that "India is one".Wayanad will witness a triangular contest with Left Front constituent CPI's P P Suneer and BJP-backed NDA candidate Thushar Vellappally also in the election. Braving the intense heat, thousands of party workers--both men and women--gathered in Kalpetta town and its periphery to see Rahul Gandhi. After completing the nomination procedures at the collectorate, Rahul Gandhi along with Priyanka Gandhi and senior leaders of the Congress-led UDF in Kerala undertook a roadshow to greet the voters of the constituency.
Rahul Gandhi said "I have come to Kerala to send a message that India is one. South, north, east, west, centre... all are one... There is an assault taking place across the country by the RSS and BJP. I just want to send a message and I will stand from south India and north India. My aim was to give a message”. "There is a feeling in south India that the way the Narendra Modi government is functioning, their (south) culture, language, history all are being attacked.
"So I wanted to give a message that I will fight from north and south," the Congress chief said, in response to his main opponent in Amethi, Union minister Smriti Irani, who had alleged that his decision to fight from Wayanad was an insult to the people of Amethi.