Sunday, March 12, 2017

Electric and Hybrid Vehicles

Pls read fully. Govt of India is struggling on how to kick start electric vehicles segment growth and reduce fuel import by $1 billion annually. Fiscal deficit will soften in medium term. Hearing since 2007 but no progress. Just Delhi alone having electric autos wont benefit India. Babus must focus on overall India using FAME scheme and spending like below.
Govt procuring electric vehicles and sale of 2-wheeler (electric), 3-wheeler autos (electric) and 4-wheeler (hybrid/electric) to target middle class and drivers a major contributor of transportation in India. Govt must procure 1lakh 2-wheelers (Rs.200 crores at Rs.20,000/vehicle or less), 50,000 3-wheeler (Rs. 100 crores) and 50,000 4-wheelers (Rs. 100 crores).
The vehicles must not be imported but completely made in India by current vehicle manufacturers like Bajaj, hero, Honda, Tvs, Suzuki and Yamaha. There are enough 2-wheelers made by companies but public are not buying. So to drive growth in this direction Govt must help. 10% share (1Lakh) of the annual share of 2-wheelers (10Lakh) if done will benefit India in medium and long term. Do this for next 2 years. PM must approve as soon as possible Rs. 200 crores too low. The tender to deliver 2-wheelers must start in 6 months. Models must be submitted for govt to test and take best. If possible Govt can award 25,000 each to multiple vendors.
Public can apply to this scheme by online application with details of aadhaar or voter card and PAN Card to ensure the rich don’t use this scheme. To target middle class. Public need to pay Rs.5000-2-wheeler and Rs.10000-3wheeler and Rs.25000-4wheeler as deposit to avoid bogus applications and seriously interested in nations growth. The cost of a mobile phone is Rs.12000 in India but people still not in mind set to buy electric vehicles that has to go. So hence this push before Gujarat elections. Shouldn’t be given free but its like indirect subsidy. All vehicles sold must have free service for 3 years with 2 years battery warranty.
You can bring policy on electric vehicles but the above scheme must be parallely done of Govt of India procuring and selling to public.
Providing all states with Non-AC hybrid/electric buses of 5-7 nos. free of cost for 36 state transportation corporations at 270 crores or less. Tata, ashok Leyland, Volvo, etc,. Likely to compete but focus on free service warranty of 10 years. Almost all countries globally to reduce pollution have hybrid public transportation but India made no progress for a decade. Hybrid buses will reduce fuel cost for state transportations and also in future prevent rate hike in tickets. Indirect help to middle class and poor. Don’t even say State govt must do this because they are not doing that’s why we go to PM for help and push.
Hybrid private cars sales are too low in India. Govt can give Rs. 10,000 subsidy up to Rs.50 crores for first come and first save basis with annual income less than 10lakhs by asking for PAN card and aadhaar card. Completely online application and registration number uploaded to get subsidy credited.

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