TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka Mutt Rocked by Revelation: Lingayat Head Was Once Muslim

    Mohammed Nisar Or Nijalinga Swamy? Karnataka Lingayat Mutt in Turmoil After Seer’s Muslim Identity Exposed

    Amit Shah, Nitish to Inaugurate Temple Project at Sitamarhi, Bihar

    Sita Janmasthan Set for Revival: Amit Shah, Nitish to Inaugurate Temple Project at Sitamarhi, Bihar

    Uttarakhand Devastated: Why Are Muslim Radicals Rejoicing in Devbhoomi's Pain

    Uttarakhand Devastated: Why Are Muslim Radicals Rejoicing in Devbhoomi’s Pain?

    'Don't Burn a Relationship with India and Give China A Pass': Nikki Haley Slams Trump Over US Tariffs

    ‘Don’t Burn a Relationship with India and Give China A Pass’: Nikki Haley Slams Trump Over US Tariffs

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Comparison: Pure Term Plan vs Term Plan with Return of Premium

    Comparison: Pure Term Plan vs Term Plan with Return of Premium

    Modi’s Diplomacy vs Trump’s Pressure

    Tariff War: Modi Defends Bharat, Trump Can’t Bully India

    What Does Home Insurance Typically Cover?

    What Does Home Insurance Typically Cover?

    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament

    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament After Trump’s Tariff Blow

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    JeM Launches Fund Drive to Rebuild HQ Months After Operation Sindoor

    JeM Launches Fund Drive to Rebuild HQ Months After Operation Sindoor

    Breaking Ranks, Making History: Adaso Kapesa Becomes First Woman in PM’s Elite Special Protection Group

    Breaking Ranks, Making History: Adaso Kapesa Becomes First Woman in PM’s Elite Special Protection Group

    BrahMos Missile Expansion Signals India’s New War Doctrine

    BrahMos Emerges as Top Weapon of Choice for Indian Forces After Op Sindoor Success

    Pakistan May Be Forced to Retire Aging US-Supplied F-16 Jets

    Pakistan May Be Forced to Retire US-Supplied F-16 Jets Amid Mounting Engine Issues

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    SCO Summit: PM Modi’s First China Visit Since 2020 Galwan Standoff

    SCO Summit: PM Modi’s First China Visit Since 2020 Galwan Standoff

    US Slaps 50% Tariff on Brazil, Lula Rejects Informal Dialogue

    Trump Waits for Call, Lula Picks PM Modi Instead: Brazil President’s Strong Response to US Tariff

    Sikh Separatists Install ‘Embassy of Khalistan’ at Canada's Surrey Gurdwara Where Nijjar Was Killed

    Canadian Taxpayers Money for ‘Embassy of Khalistan’ in Surrey? Probe Demanded

    'Don't Know Anything' : Trump Refuses to Comment on Russian Uranium Imports

    ‘Don’t Know Anything’ : Trump Refuses to Comment on US Uranium Imports From Russia, Reveals Tariff Hypocrisy

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India and Sri Lanka—Bound by Devotion, Building for the Future

    India-Sri Lanka Spiritual Partnership Deepens with Inauguration of Ashok Vatika Meditation Centre at Seetha Amman Temple

    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Users Question B9’s Authenticity: Withdrawal Failures and Disappearing Support Trigger Alarms

    Users Question B9’s Authenticity: Withdrawal Failures and Disappearing Support Trigger Alarms

    The Growing iGaming Industry and Its Challenges

    The Growing iGaming Industry and Its Challenges

    Top Casino Bonuses to Claim in 2025

    Top Casino Bonuses to Claim in 2025

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka Mutt Rocked by Revelation: Lingayat Head Was Once Muslim

    Mohammed Nisar Or Nijalinga Swamy? Karnataka Lingayat Mutt in Turmoil After Seer’s Muslim Identity Exposed

    Amit Shah, Nitish to Inaugurate Temple Project at Sitamarhi, Bihar

    Sita Janmasthan Set for Revival: Amit Shah, Nitish to Inaugurate Temple Project at Sitamarhi, Bihar

    Uttarakhand Devastated: Why Are Muslim Radicals Rejoicing in Devbhoomi's Pain

    Uttarakhand Devastated: Why Are Muslim Radicals Rejoicing in Devbhoomi’s Pain?

    'Don't Burn a Relationship with India and Give China A Pass': Nikki Haley Slams Trump Over US Tariffs

    ‘Don’t Burn a Relationship with India and Give China A Pass’: Nikki Haley Slams Trump Over US Tariffs

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Comparison: Pure Term Plan vs Term Plan with Return of Premium

    Comparison: Pure Term Plan vs Term Plan with Return of Premium

    Modi’s Diplomacy vs Trump’s Pressure

    Tariff War: Modi Defends Bharat, Trump Can’t Bully India

    What Does Home Insurance Typically Cover?

    What Does Home Insurance Typically Cover?

    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament

    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament After Trump’s Tariff Blow

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    JeM Launches Fund Drive to Rebuild HQ Months After Operation Sindoor

    JeM Launches Fund Drive to Rebuild HQ Months After Operation Sindoor

    Breaking Ranks, Making History: Adaso Kapesa Becomes First Woman in PM’s Elite Special Protection Group

    Breaking Ranks, Making History: Adaso Kapesa Becomes First Woman in PM’s Elite Special Protection Group

    BrahMos Missile Expansion Signals India’s New War Doctrine

    BrahMos Emerges as Top Weapon of Choice for Indian Forces After Op Sindoor Success

    Pakistan May Be Forced to Retire Aging US-Supplied F-16 Jets

    Pakistan May Be Forced to Retire US-Supplied F-16 Jets Amid Mounting Engine Issues

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    SCO Summit: PM Modi’s First China Visit Since 2020 Galwan Standoff

    SCO Summit: PM Modi’s First China Visit Since 2020 Galwan Standoff

    US Slaps 50% Tariff on Brazil, Lula Rejects Informal Dialogue

    Trump Waits for Call, Lula Picks PM Modi Instead: Brazil President’s Strong Response to US Tariff

    Sikh Separatists Install ‘Embassy of Khalistan’ at Canada's Surrey Gurdwara Where Nijjar Was Killed

    Canadian Taxpayers Money for ‘Embassy of Khalistan’ in Surrey? Probe Demanded

    'Don't Know Anything' : Trump Refuses to Comment on Russian Uranium Imports

    ‘Don’t Know Anything’ : Trump Refuses to Comment on US Uranium Imports From Russia, Reveals Tariff Hypocrisy

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India and Sri Lanka—Bound by Devotion, Building for the Future

    India-Sri Lanka Spiritual Partnership Deepens with Inauguration of Ashok Vatika Meditation Centre at Seetha Amman Temple

    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Users Question B9’s Authenticity: Withdrawal Failures and Disappearing Support Trigger Alarms

    Users Question B9’s Authenticity: Withdrawal Failures and Disappearing Support Trigger Alarms

    The Growing iGaming Industry and Its Challenges

    The Growing iGaming Industry and Its Challenges

    Top Casino Bonuses to Claim in 2025

    Top Casino Bonuses to Claim in 2025

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

From being neglected to becoming one of the biggest EV markets, India has come a long way

Abhinav Singh by Abhinav Singh
26 February 2022
in Business
PLI, Make in India, Mercedes, Mini Cooper, EV
Share on FacebookShare on X

The global automotive industry is going through a paradigm shift. The excessive reliance on fossil fuels for automobiles is extracting a huge cost instead of the environment. Thus, Electronic Vehicles (EVs) are dubbed as the future. However, a few years ago, India was not touted as the destination for the R&D, manufacturing, selling or export of EVs. The manufacturers did not have the incentives, the manufacturing policy and infrastructure were non-existent, and a lot of time was wasted in red-tapism. 

But that is changing rapidly, and India is well on its path to becoming one of the largest EV markets by 2030. According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. 

RelatedPosts

JeM Launches Fund Drive to Rebuild HQ Months After Operation Sindoor

‘Don’t Burn a Relationship with India and Give China A Pass’: Nikki Haley Slams Trump Over US Tariffs

Indian Army Flags 1971 US Betrayal as Trump Revives Tariff Bullying, Exposes America’s Historic Pro-Pakistan Bias

Load More

While Tesla waits, cribs and calls the Indian government names, Mercedes, earlier this month announced that it will assemble its S-class equivalent EV here in India. The flagship EQS will also benefit from lowered prices, given that its assembly will take place locally at the brand’s plant in Chakan, Maharashtra.

Winding the clock a few years back and not many may have believed that such a feat would be possible. After all, S-class is one of the biggest shining jewels in Merc’s pack. It has served the company well for decades, despite the competitors trying to dislodge it, rather incessantly. 

Giving incentives to the EV manufacturers

As reported by TFI, to encourage the traditional carmakers to foray into the EV sector, the Narendra Modi government last year launched multiple iterations of the Production Linked Incentive (PLI) scheme. The scheme worth Rs 26,000 crore will boost the production of electric vehicles and hydrogen fuel vehicles in the country. 

This is the second PLI scheme in the sector as the government had earlier launched the scheme for Advanced Chemistry Cell (Rs 18,100 crore) and Faster Adaption of Manufacturing of Electric Vehicles (Rs 10,000 crore). 

Moreover, in December, the government approved a Rs 76,000-Crore incentive scheme for semiconductors. Ever since the pandemic brought the world to a standstill, carmakers have had to delay the supply of cars due to a deficit of semiconductors.

Companies taking rightful advantage of Modi’s PLI scheme

Buoyed by the government’s US$3.5 billion PLI schemes, it appears that Ford may be returning to India to have a second crack. According to a Reuters report, Ford is mulling “exploring the possibility of using a plant in India as an export base for EV manufacturing.”

The U-turn from Ford comes at a time when the Modi government included the company in the list of 20 companies, selected to receive incentives under the PLI scheme for the Indian automotive sector.

Speaking about the developments, Ford India Head of Communications and CSR, Kapil Sharm remarked, “We thank the government of India for approving Ford’s proposal under the PLI scheme for the automobile sector. As Ford leads customers through the global electric-vehicle revolution, we’re exploring the possibility of using a plant in India as an export base for EV manufacturing,”

Earlier this week, on Thursday, automobile giant BMW launched its MINI Cooper SE – an all-electric vehicle in the Indian market. The pre-bookings had started last year and the car was reportedly sold out within minutes. 

BMW expanding its footprint in the EV sector

BMW is bolstered by the response it has received in the car segment and is trying to emulate the same in the motorcycle segment. As reported by TFI, in December last year, BMW announced its partnership with India’s indigenous motor company TVS to develop EVs.

Under the partnership, Chennai headquartered TVS will be responsible for designing and developing future BMW Motorrad products as well as looking after supply chain management, and industrialization. The first product jointly developed by both the companies will be showcased rolled out of the assembly lines in the next two years.

Liberalising the EV norms

Earlier this month, in an attempt to create an efficient EV charging ecosystem, the Modi government allowed any individual or entity to set up public charging stations (PCS) without any licensing.

As reported by TFI, Bharat Petroleum Corporation Ltd. has already rolled out EV fast-charging corridors on the Chennai-Trichy-Madurai highway at ten of its fuel stations along the 900-kilometre route on both sides of the highway. BPCL is employing the services of CCS-2 DC fast-chargers, which makes the aforementioned stretch, the first EV-friendly highway in the country.

Read More: Bharat Petroleum Corporation Ltd. is solving India’s EV infrastructure crisis

Moreover, according to a TOI report, the decision cleared the way for EV owners to charge their vehicles at home or offices from existing connections at domestic tariffs. Liberalising the laws means that more electronic startups will venture into the field and set up charging stations. 

The guidelines lay down the target of one PCS in every three-square-km grid in megacities and every 25 km on connecting highways in the next three years.

India’s story with EV has only just begun. With the government actively backing the companies and creating a self-sustaining manufacturing setup, capable of exporting to other countries as well – India is spearheading the EV revolution. 

Tags: BMWEVFordIndiaMercedesPLITeslaTVS
ShareTweetSend
Previous Post

Lessons from Air India “Ilker Ayci” debacle, always do a background check of your employees

Next Post

Affordable private medical institutions are the need of the hour for India

Related Posts

Modi’s Diplomacy vs Trump’s Pressure
Analysis

Tariff War: Modi Defends Bharat, Trump Can’t Bully India

5 August 2025

In an increasingly volatile and hostile global order, Prime Minister Narendra Modi is once again proving why he stands...

‘Focused on India’s Interest’: Piyush Goyal Tells Parliament
Business

‘Focused on India’s Interest’: Piyush Goyal Tells Parliament After Trump’s Tariff Blow

31 July 2025

Union Commerce Minister Piyush Goyal addressed the Lok Sabha on Thursday, asserting that the Indian government is thoroughly examining...

India Bans 25 OTT Platforms
Business

India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

25 July 2025

In a major crackdown on obscene content, the Central government has directed Internet Service Providers (ISPs) to block access...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

India’s Project-18 Warship Will Crush China’s Indo-Pacific Dreams

India’s Project-18 Warship Will Crush China’s Indo-Pacific Dreams

00:05:52

PRALAY MISSILE: Know about India’s 5,000 kg Beast That Can Evade Any Radar

00:05:52

Is Congress Against Migrants? Chidambaram Calls Biharis 'Illegal Voters'

00:07:49

Gandhi Family Losing Grip allies Disown Rahul’s Trump-Style Attack on Indian Economy

00:06:28

Trump's Tariff Prompt India to Exit F-35 Jet Deal?

00:06:28
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited