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Commerce and Industry Minister Piyush Goyal“>
Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting.
Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added.
Earlier in March last year, the government rolled out an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million.
The companies setting up manufacturing facilities for e-vehicles are allowed to import a limited number of cars at lower customs duty.
The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers. However, no company has availed the benefit of the policy so far.
The fast-growing EV market in India is catching the eyes of global players. India’s electric vehicles market is expected to grow to one crore units in annual sales by 2030 and create five crore direct and indirect jobs, according to the Economic Survey 2022-23.
As per industry estimates, the total EV sales in India stood at around 10 lakh units in 2022.
In India, Tata Motors is the leading player in passenger electric vehicles. The company’s current EV portfolio comprises Nexon EV range, Tiago EV and Tigor EV.
India will ensure sufficient charging infrastructure to support the massive adoption of electric vehicles across the country, according to HD Kumaraswamy, Union Minister for Heavy Industries.
The government has plans to install 10,763 public charging stations across the country under the FAME-II scheme.
There is another scheme – PM E-DRIVE – to support electric mobility through support for 14,028 e-Buses, 2,05,392 e-3 Wheelers (L5), 1,10,596 e-Rickshaws and e-Carts and 24,79,120 e-2 Wheelers. In addition, e-Trucks, e-Ambulances, EV public charging stations and upgrading of testing agencies are also supported under the Scheme.
In April last year, a stakeholder consultation meeting was held, where representatives of all the major manufacturers in India including Maruti Suzuki, Hyundai, Tata, Mahindra, Kia, Skoda Auto Volkswagen India, Renault were present. Besides, an advisor representing electric car maker Tesla and representatives of luxury car makers Mercedes-Benz, BMW, Audi, were also attending that meet. “,”next_sibling”:[{“msid”:116879856,”title”:”Maharashtra sees 12.32% rise in new vehicle registrations in 2024″,”entity_type”:”ARTICLE”,”link”:”/news/industry/maharashtra-sees-12-32-rise-in-new-vehicle-registrations-in-2024/116879856″,”link_next_mobile”:”/news/industry/maharashtra-sees-12-32-rise-in-new-vehicle-registrations-in-2024/116879856?next=1″,”category_name”:null,”category_name_seo”:”industry”}],”related_content”:[{“msid”:”116891899″,”title”:”LIC Bima Sakhi Yojana will empower women: Piyush Goyal”,”entity_type”:”IMAGES”,”seopath”:”industry/renewables/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues/lic-bima-sakhi-yojana-will-empower-women-piyush-goyal”,”category_name”:”EV players to meet Piyush Goyal on Friday, discuss infra-related issues”,”synopsis”:”Union Minister Piyush Goyal”,”thumb”:”https://etimg.etb2bimg.com/thumb/img-size-16150/116891899.cms?width=150&height=112″,”link”:”https://etimg.etb2bimg.com/photo/116891899.cms?/116891899″}],”seoschemas”:false,”social_share”:{“fb”:”/news/industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues/116899590?utm_source=facebook&utm_medium={{DEVICE_TYPE}}”,”x”:”/news/industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues/116899590?utm_source=twitter&utm_medium={{DEVICE_TYPE}}”,”whatsapp”:”/news/industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues/116899590?utm_source=wapp&utm_medium={{DEVICE_TYPE}}”,”linkdin”:”/news/industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues/116899590?utm_source=linkedin&utm_medium={{DEVICE_TYPE}}”,”telegram”:”/news/industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues/116899590?utm_source=telegram&utm_medium={{DEVICE_TYPE}}”,”copy”:”/news/industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues/116899590?utm_source=copy&utm_medium={{DEVICE_TYPE}}”},”cat_msid”:25384693,”cat_sub_msid”:false,”msid”:116899590,”entity_type”:”ARTICLE”,”title”:”EV players to meet Piyush Goyal on Friday, discuss infra-related issues”,”synopsis”:”Stakeholders from the electric vehicle sector will meet with Commerce Minister Piyush Goyal to discuss charging infrastructure and battery swapping. Major industry players like Tata, Mahindra, and Mercedes-Benz India will participate. The government aims to promote India as an EV manufacturing hub, with plans to install 10,763 public charging stations under the FAME-II scheme.”,”titleseo”:”industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues”,”status”:”ACTIVE”,”authors”:[],”analytics”:{“comments”:0,”views”:183,”shares”:0,”engagementtimems”:883000},”Alttitle”:{“minfo”:””},”artag”:”PTI”,”artdate”:”2025-01-03 08:08:38″,”lastupd”:”2025-01-03 08:12:41″,”breadcrumbTags”:[“Piyush Goyal on EV infra”,”Electric Vehicles India”,”EV infrastructure”,”Tata Motors electric vehicles”,”electric vehicle market growth”,”EV policy India”,”FAME-II scheme”,”PM E-DRIVE”,”piyush goyal”,”maruti suzuki”,”hero motocorp”,”ev and future mobility”],”secinfo”:{“seolocation”:”industry/ev-players-to-meet-piyush-goyal-on-friday-discuss-infra-related-issues”}}” data-authors=”[” data-author-list data-category-name=”Industry” data-category_id=”23″ data-cat_msid=”25384693″ data-date=”2025-01-03″ data-index=”article_1″ data-keywords=”Piyush Goyal on EV infra, Electric Vehicles India, EV infrastructure, Tata Motors electric vehicles, electric vehicle market growth, EV policy India, FAME-II scheme, PM E-DRIVE, piyush goyal, maruti suzuki, hero motocorp, ev and future mobility” data-type=”news”>
Stakeholders from the electric vehicle sector will meet with Commerce Minister Piyush Goyal to discuss charging infrastructure and battery swapping. Major industry players like Tata, Mahindra, and Mercedes-Benz India will participate. The government aims to promote India as an EV manufacturing hub, with plans to install 10,763 public charging stations under the FAME-II scheme.
- Updated On Jan 3, 2025 at 08:12 AM IST
Read by: 100 Industry Professionals
Read by 100 Industry Professionals
Commerce and Industry Minister Piyush Goyal“>
Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added.
Earlier in March last year, the government rolled out an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million.
The companies setting up manufacturing facilities for e-vehicles are allowed to import a limited number of cars at lower customs duty.
The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers. However, no company has availed the benefit of the policy so far.
The fast-growing EV market in India is catching the eyes of global players. India’s electric vehicles market is expected to grow to one crore units in annual sales by 2030 and create five crore direct and indirect jobs, according to the Economic Survey 2022-23.
As per industry estimates, the total EV sales in India stood at around 10 lakh units in 2022. In India, Tata Motors is the leading player in passenger electric vehicles. The company’s current EV portfolio comprises Nexon EV range, Tiago EV and Tigor EV.
India will ensure sufficient charging infrastructure to support the massive adoption of electric vehicles across the country, according to HD Kumaraswamy, Union Minister for Heavy Industries.
The government has plans to install 10,763 public charging stations across the country under the FAME-II scheme.
There is another scheme – PM E-DRIVE – to support electric mobility through support for 14,028 e-Buses, 2,05,392 e-3 Wheelers (L5), 1,10,596 e-Rickshaws and e-Carts and 24,79,120 e-2 Wheelers. In addition, e-Trucks, e-Ambulances, EV public charging stations and upgrading of testing agencies are also supported under the Scheme.
In April last year, a stakeholder consultation meeting was held, where representatives of all the major manufacturers in India including Maruti Suzuki, Hyundai, Tata, Mahindra, Kia, Skoda Auto Volkswagen India, Renault were present. Besides, an advisor representing electric car maker Tesla and representatives of luxury car makers Mercedes-Benz, BMW, Audi, were also attending that meet.
- Published On Jan 3, 2025 at 08:08 AM IST
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