You are here: Home » Opinion » Editorial » Editorials
Business Standard

Powering mobility

Big push for charging infrastructure is a must for EV penetration

Electric vehicles in India | Electric car battery | electric cars

Business Standard Editorial Comment  |  New Delhi 

The decision of Tesla, the world’s most valuable automobile manufacturer, to debut in India next year is the latest indication that 2021 could see electrical vehicles get a major push across India. Every global auto major is rolling out electric vehicles (EVs) and the Indian auto industry is following suit with many launches of EVs due. To its credit, the government has pushed EV adoption with tax breaks, stricter emission laws, and other policy support. But a lag in the creation of infrastructure could be a deterrent for prospective users, and policymakers need to examine this. There is preferential treatment for EVs in terms of tax rates under the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) and FAME 2 policies. Goods and services tax for EVs is charged at 12 per cent, which is much lower than for internal combustion vehicles. Plus, public vehicle fleets are increasingly electrically powered under FAME 2.



What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, January 19 2021. 23:09 IST