This chapter evaluates whether these policies and regulations effectively foster an EV transition. Central policies like the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) I and II, and the Production Linked Incentive (PLI) Scheme for Advanced Cell Chemistry, aim to support the EV transition in India. Most states have their own EV policies. Supportive initiatives, such as FAME II, PLI Schemes (Auto and ACC), budget exemptions on customs duties for capital goods machinery, and reduced duty on lithium-ion batteries from 21% to 13%, have aided sector growth. The chapter also identifies policy gaps that need to be addressed for further progress.

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Policies and Regulations at the Central Level and States

  • Saon Ray,
  • Deb Mukherji

摘要

This chapter evaluates whether these policies and regulations effectively foster an EV transition. Central policies like the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) I and II, and the Production Linked Incentive (PLI) Scheme for Advanced Cell Chemistry, aim to support the EV transition in India. Most states have their own EV policies. Supportive initiatives, such as FAME II, PLI Schemes (Auto and ACC), budget exemptions on customs duties for capital goods machinery, and reduced duty on lithium-ion batteries from 21% to 13%, have aided sector growth. The chapter also identifies policy gaps that need to be addressed for further progress.