Manufacturing EVs and their parts domestically was also being pushed by the government under the Faster Adoption and Manufacturing of Electric and Hybrid vehicles (FAME) scheme.
The company aims to expand the offerings to Bangalore, Pune, Hyderabad, Chennai and Amaravati in the next three years, and 25 more cities in the next five years.
The phase-I of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME India) scheme was supposed to be implemented over a two-year period commencing from April 1, 2015
Electrification of vehicles will have to be part of a comprehensive package of policies promoting energy efficiency and to reduce carbon emissions from the power sector
Urging automakers to focus in this direction, the minister said demand for EVs could also be created by mandating cab aggregators like Ola and Uber to induct a certain percentage of such vehicles in their fleet.
To justify their policy, the Centre has decided to provide cash subsidies to electric cars used by shared-mobility operators like Ola and Uber since “the vehicles will run much more than private cars”
Fuel efficiency norms mandated by the transport ministry require cars to be 30 percent more fuel efficient by 2022, thereby reducing CO2 emission