Ev 15 year rule: The Government of India is going to take a big step to promote electric vehicles (EVS). Now 15 -year -old electric vehicles like car, bus and truck will not need to be removed from the road. This means that EV vehicles will now be able to run legally even after 15 years. This will not only increase the age of EV, but the interest of buyers will also increase rapidly.
Currently, the rule of closing after 15 years on petrol and diesel vehicles is applicable, but EVS is likely to be exempted from it, making their future even more durable.
EV will get a boost from new rules
In this meeting chaired by Rajiv Gauba, a member of the NITI Aayog, it was expressed that the pace of adopting electric vehicles is still very slow. Currently, the market share of electric vehicles in the country is only 7.6%, while the government aims to increase it by 2030 to 30%. In this direction, now there is a plan to implement Cafe (Corporate Average Fuel Efficiency) standards on buses, trucks and commercial vehicles, although it will be given some relief to electric vehicles.
Recommendation of removal of EOL Rules
Road Transport Secretary V. Umashankar told in the meeting that most of the buses older than 15 years are with private owners. Keeping this experience in mind, the NITI Aayog suggested that the End of Life (EOL) rule on electric vehicles should be removed. This will give new pace to the sale of electric vehicles.
Now not encouragement, compulsory rules will be applicable
The government is no longer limited to limiting encouragement, but is working on a policy of making electric vehicles mandatory. In areas where the infrastructure is prepared for electric vehicles, they will be made mandatory. In addition, a discouragement policy can also be introduced for those who do not adopt electric vehicles.
Fully EV based transport system in 5 cities
The government has chosen five cities where only electric buses, autos and cargo vehicles will be run. This will make a solid start towards electric mobility.
Challenges and solutions to adopt EV
Four things are considered to be the most important for making EV successful –
- Charging station availability
- Fast charging facility
- Better battery technology
Easy finance options
However, banks are still hesitant to give EV loans, due to which the batteries are high and limited lives (6–7 years). Since the battery is 40–50% of the total cost of EV, it is necessary to make it cheaper. The government has been urged to set a clear standards for the battery and provide subsidy or financial assistance.
