EV industry welcomes center’s new registration norms

EV industry welcomes center’s new registration norms
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The electric vehicle Original Equipment Manufacturers (OEMs) has welcomed the government’s decision to allow the sales of EV without batteries. According to industry experts, the centre’s decision will not only help the manufacturers but also the buyers of the EVs.

Recently, major cities have seen the adoption of EVs mainly due to the increase in pollution levels.

“The policy now allows selling electric vehicles without batteries. This widens the scope for manufacturers and buyers both,” said Jeetender Sharma, MD and Founder, Okinawa.

On August 12, the Ministry of Road Transport and Highways (MoRTH) had sent a letter to Transport Secretaries of all the States and Union Territories. The ministry had clarified that vehicles without batteries can be sold and registered based on the type of approval certificate issued by the testing agency.

“The government is striving to create an ecosystem to accelerate the uptake of electric mobility in the country,” the ministry wrote in its letter.

Ather Space in Chennai

Through the new announcement, the government is also trying to reduce vehicular pollution and oil import costs. The move is also likely to result in the price correction of the EVs. The tax rebates announced by govt are also expected to boost the demand upwards.

Commenting on the new policy Tarun Mehta, CEO and Co-Founder, Ather Energy, said: “MoRTH’s new policy is a great move for both customers and OEMs. It lowers the upfront cost that the consumer has to pay and allows OEMs to build superior products at an affordable price point.”

EV sales

According to the Society of Manufacturers of Electric Vehicles (SMEV) the EV sales, excluding e-rickshaws, in India grew by 20 percent at 1.56 lakh units in 2019-20 driven by two-wheelers
sales. In 2018-19, total EV sales in India stood at 1.3 lakh units.

“The new policy will reduce the cost of acquisition of EV especially for two and three-wheelers and allow more and more people to shift from traditional to more sustainable and affordable green mobility solutions,” said a company spokesperson of Ampere Electric.

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