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Recently announced Maharashtra EV Policy 2021 It is set to have a clear impact on the adoption of electric vehicles (EVs) in the state. The 930 rupee initiative, valid until March 2025, will provide higher subsidies for electric motorcycles, electric vehicles, SUVs, and electric buses. Early incentives for purchases made by 31 December 2021 mean that EV prices across India will be the lowest in Maharashtra for the rest of 2021.

Leading companies in India’s electric vehicle business responded to the announcement of the revised EV policy, recognizing its importance and sharing their thoughts on the possible implications of this policy.

Regarding the announcement of the policy, Sohinder Gil, Executive Director of the Association of Electric Vehicle Manufacturers (SMEV) and CEO of Hero Electric, said: .. With the central government’s amendment to FAME2, these individual state policies are now only encouraging the adoption of electric vehicles in India. Apart from encouraging battery makers to invest in the state, additional government grants for batteries and the vehicle as a whole are of interest to investors and businesses considering entering the segment’s component manufacturing. It only helps the rise of. “

Hero Electric plans to establish a new manufacturing facility with an annual production capacity of Rs 100,000.Image: Hero Electric

Hero Electric plans to establish a new manufacturing facility with an annual production capacity of Rs 100,000.Image: Hero Electric

“At Hero, we look forward to this new electric vehicle phase driven by states and consumers who expect clean, environmentally friendly transportation,” Gil added.

Ather Energy-Recently Price reduction Of its electric scooter due to the increase in FAME-II subsidy but also, Gujarat EV Policy – Is one of several manufacturers in Maharashtra that makes models much more affordable with the introduction of the policy.

Prices for Ather Energy's 450 Plus and 450 X scooters in Gujarat have fallen by 20,000 rupees. Image: Ather Energy

Ather Energy’s 450 Plus and 450X scooters will see a price drop of Rs 25,000 in Maharashtra for the rest of 2021. Image: Ather Energy

“The Maharashtra Government’s new EV policy is very comprehensive and takes into account the entire EV ecosystem. The incentives offered on both the supply and demand sides are the adoption and manufacture of EVs in the country. Accelerate. In addition to demand incentives, this policy also encourages repurchases and vehicle scraps. Early bird incentives are a great mechanism for not only jump-starting things, but also promoting festive sales. “

“Ather Energy aims to meet the growing demand in Maharashtra through retail stores in major cities such as Mumbai and Pune, and will soon expand to Nashik and Nagpur. Such advances introduced by the state government. Pune has the potential to drive the adoption of electric vehicles in the country, “Mehta added.

Another electric motorcycle brand that recently announced model price revisions across India and across India Gujarat Okinawa Autotech plans to reduce the price to the lowest price in Maharashtra.

High-speed mileage in Okinawa will begin at less than Rs 40,000 in Maharashtra until the end of 2021. Image: Tech2

High-speed mileage in Okinawa will begin at less than Rs 40,000 in Maharashtra until the end of 2021. Image: Tech2

“We are motivated to see more and more Indian states strengthen their efforts to increase the adoption of electric vehicles across the country by developing new initiatives and devising effective policies. The Maharastra State Government’s new electric vehicle policy is very thorough, taking into account the complete electric vehicle ecosystem. With the benefits offered to both the demand and supply sides in the country. Speeding up EV adoption and manufacturing. This advanced policy will accelerate the transition to EVs. ”With this further impetus, Okinawa will steadily expand its presence and foothold in the region. .. We share the government’s goal of reaching all regions of the country with a diverse range of products, especially after the increase in subsidies implemented in last month’s FAME II policy, so that people have choices. ” Said Dr. Jeetender Sharma, the founder of.

Like Ather Energy and Okinawa Autotech, Ampere Electric Vehicles has announced new prices for e-scooters. For Gujarat Recently. Branded scooters are even more affordable in Maharashtra.

Thanks to the EV policy, Ampere Magnus (left) and Zeal both cost less than Rs 50,000 in Maharashtra. Image: Tech2

Thanks to the EV policy, Ampere Magnus (left) and Zeal both cost less than Rs 50,000 in Maharashtra. Image: Tech2

Regarding this policy, Nagesh Basavanhalli, MD & Group CEO Greaves Cotton and Director of Ampere Vehicles, said: This will not only boost the growth of electric vehicles, but will also provide employment at various levels and give momentum to the construction of charging infrastructure. This is in line with Ampere’s ambition to expand within the state and provide easy access to affordable prices. We are grateful for this initiative as we have Greaves Retail outlets and Ampere Showroom dealers throughout the state. “

Tata Motors is one of the automakers in a position to greatly benefit from the 2021 Maharashtra EV policy. For the rest of 2021, the state’s Tatanexon EV price will drop to Rupee 11.49, taking into account subsidies and their future. The TataXpres-T, an electric sedan for fleet buyers, could be even more affordable.

The Tatanexson EV range is set to start at Rs 11.49 in Maharashtra for the rest of 2021.Image: Tata Motors

The Tatanexson EV range is set to start at Rs 11.49 in Maharashtra for the rest of 2021.Image: Tata Motors

Scheilesh Chandra, president of the Tata Motors Passenger Car Business Unit, said of this policy: This is a welcome move and the very strong government’s determination to adopt EVs. In addition, support as the charging infrastructure grows enables electric vehicle owners to commute effortlessly. This visionary policy can speed up the transition to EVs. “

Reflecting these sentiments, Mahindra & Mahindra Limited’s Executive Director of the Automotive and Farms sector, Rajesh Jejuriker, said: This policy covers all aspects of the EV ecosystem, from charging to simplification of financing. Financial benefits make EVs affordable, while non-financial benefits help develop the entire state’s EV ecosystem. The government has clearly emphasized recruitment strategies, especially in the last mile mobility segment. “

The Mahindra eXUV300 is expected to arrive in 2022.Image: Mahindra

The Mahindra eXUV300 is expected to arrive in 2022.Image: Mahindra

“Mahindra has invested in Maharashtra and the latest is Chakan’s dedicated EV technology manufacturing facility. Mahindra is enthusiastic about developing products like the Treo tricycle series, which is costly to operate. Low helps customers earn more money. India’s Last One Mile Mobility offers great opportunities for EV adoption and is ready for major transformation. We are India’s Last We aim to roll out new, innovative and customized EV solutions (three-wheeled and four-wheeled vehicles) in both personal and commercial segments that fuel one-mile mobility and delivery needs. ” Jejurikar added.

Industry praises “progressive” and “forward-looking” national initiatives-Technology News, Firstpost

Source link Industry praises “progressive” and “forward-looking” national initiatives-Technology News, Firstpost

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