Mr. Sohinder Gill, CEO Hero Electric says – Electric vehicle sale hasn’t been anything to write home about. Union budget 2016-17 could have a positive outlook to this trend. For the mission to be goal oriented, govt and industry needs to make efforts to put about 1 million electric vehicles on Indian roads within a year. Customers need to convert to EVs. The multitude of two-wheelers used in commercial applications should be electric bikes by mandate. Government needs to announce long-term commitment to electric mobility and not keep those involved guessing. Investments can only be secured based on 5 to 10 years clear policy and outlay. Electric vehicle segment growth needs to be encouraged through better coordination between various ministries and departments. Custom offices compel electric two-wheeler manufacturers to pay 5 times the import duty on a drive motor by listing it a rim and not an electric motor. Public charging infrastructure installations in about 100 cities will support electric vehicles. The budget should encourage infrastructure support in the impending year. Union budget should direct public banks to offer loans for electric vehicle purchases. About 60 percent of auto purchases are facilitated through financing but EV’s don’t benefit from such policies. Government and public sector offices introduce electric vehicles to their fleet and offer incentives for purchases to encourage employees to purchase EVs.
Redefines customer service by making electric vehicles available online complete with easy payment options and attractive ongoing offers Hero Electric, pioneer and market leader in the Indian electric two-wheeler industry, believes in adapting to changing […]
.First, lowest-cost electric scooter coming from a premium brand with a high-quality build poised to become a market-changing product New Delhi, February 2nd, 2017:-Hero Electric, the pioneer and market front-runner in the Indian electric two-wheeler […]
–FAME incentive given to 36,000 EV – India’s all electric mission needs further policy and infra support – SMEV submits recommendations: EV 2W priority in battery swapping module, Replacing commercial 2 W with EVs, Easy Finance priority […]