Under FAME-II scheme, an allocation of Rs.839 crore was made for setting up of Electric Vehicle Public Charging Stations (EVPCS). An allocation of Rs.2,000 crore has been made under the PM E-DRIVE scheme for setting up EVPCS all across the country including urban and rural areas.
Under FAME-II scheme, an allocation of Rs.839 crore was made for setting up of Electric Vehicle Public Charging Stations (EVPCS). An allocation of Rs.2,000 crore has been made under the PM E-DRIVE scheme for setting up EVPCS all across the country including urban and rural areas.
Ministry of Power has issued “Guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024”, on 17.09.2024. These guidelines emphasize the role of public-private partnerships in expanding the EV charging infrastructure. Setting up EV charging station has been designated as de-licensed activity, simplifying the process for businesses.
The Government is promoting Research and Development (R&D) related to EVs in the following manner: –
The expenditure incurred on Engineering R&D and product design & development is allowed to be considered as part of Eligible Investment under PLI ACC scheme.
Under the Capital Goods scheme of MHI, up to 80% of the cost of R&D projects including those related to EVs is supported. These projects are housed in leading academic institutes like IITs, IISc. etc. The balance 20% is borne by the industry partners.
