e-mobility Current Affairs - 2019

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5,645 electric buses sanctioned for 65 cities: NITI Aayog

According to NITI (National Institution for Transforming India) Aayog an Inter-Ministerial Panel has sanctioned 5645 electric buses for operations in 65 cities and for inter-city operations to 8 state transport undertakings. The announcement in this regard was made by NITI Aayog CEO Amitabh Kant. The move will give huge impetus to automobile sector, clean up cities & drive Make in India intiative.

Niti Aayog has also proposed that all two-wheelers below capacity of 150cc sold in country after March 31, 2025, should be electric only while three-wheelers sold in country after March 31, 2023 should be electric ones.

Steps taken by Centre to popularise Environment-Friendly Electric Vehicles

Tax Rebate: GST Council decided to cut tax rates on e-vehicles from 12% to 5% with effect from 1 August 2019.

In Union Budget 2019-20, Central government proposed additional income tax deduction of Rs.1.5 lakh on Interest paid on loans taken to purchase electric vehicles. Also, certain parts of EVs have been exempted from customs duty to further incentivise e-mobility in India.

FAME II: Centre has also approved Rs.10,000 crore under Phase II of FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) scheme, which aims to encourage faster adoption of such vehicles by right incentives and charging infrastructure.

BHEL and ARAI signs MoU for e-mobility projects

Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI) signed MoU (Memorandum of understanding) for cooperation on projects related to e-mobility.

Importance

BHEL’s unique strength as technology developer and implementer and ARAI’s expertise and advanced facilities in design, testing and certification of mobility products, will efficiently generate synergies in implementing solutions for Electric & Trolley Bus, EV Chargers, Battery & Charger testing, etc.

Electro mobility (e-mobility)

It refers to development of electric-powered or electronic driven vehicles, and moving away from traditional vehicle design which uses fossil fuels and oils. It includes fully electric vehicles and hybrid electric vehicles.

BHEL

It was established in 1964 an engineering and manufacturing company. It is owned and founded by Government of India with headquarters in New Delhi. It is India’s largest power generation equipment manufacturer.

ARAI

  • Established in 1966 it is India’s leading automotive R&D organization set up by the Automotive Industry with the Government of India.
  • It is an autonomous body affiliated to Ministry of Heavy Industries and Public Enterprises (MOHI&PE, administers 48 central public sector enterprises (PSEs)).
  • The Department of Scientific and Industrial Research, Ministry of Science and Technology (MoS&T), recognized ARAI as a Scientific and Industrial Research Organisation (SIRO).
  • It is a prime Testing and Certification Agency notified by Government of India under Rule 126 of Central Motor Vehicle Rules, 1989.