Niti Aayog CEO says Govt working on reducing EV tax

The Government of India was pushing the electric mobility with FAME and FAME II schemes, and reduced taxes on electric vehicles to 5% when compared to 28% for other vehicles and 43% for hybrid vehicles said Niti Aayog CEO, Amitabh Kant.

In an interactive session for students of the first batch of MS Research in e-mobility programme organised by IIT Guwahati, said “We also give tax exemption up to Rs 1 lakh to the people who are purchasing electric vehicles.

Niti Aayog CEO says Govt working on electrification of vehicles 

Electrification aim in India is huge and it has to emerge as a leader in clean, connected and shared mobility. There are two important things that we should remember is India is a major user of two-and three-wheelers and 80% of people travel in these vehicles and another thing is that the battery will be an important component. So manufacturing and storage of it will be an important role and must link to renewable energy integration with the grid.

He wished the IIT-Guwahati fraternity for starting a unique course on e-mobility at the premier technology institute. “This is a path-breaking initiative as India is in the middle of a mist of technological disruption and revolution. This disruption will lead to a huge and massive shift from combustion vehicles to electric vehicles and we have already started towards a shared and connected zero-emission world.”

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The Director of IIT-Guwahati, Prof TG Sitharam said during the session that they have introduced a policy that every academic department should at least have 3 successful industry advisors who are successful in research and development in the industry so that the syllabus will be inclusive of industry-relevant problems occurring at current situations. If we look at the government’s policy, India aims to have 30% e-mobility by 2030.

Prof.Praveen Kumar who was the coordinator of the MS (R) programme said that the industry experts lectures, from India, European Union, and Japan on various e-mobility related topics such as vehicle design philosophy, light-weighting, new battery chemistries are planned.

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