TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Bangladesh’s decision to demolish Satyajit Ray’s ancestral home, despite India’s earnest offer to restore it

    Satyajit Ray’s Ancestral Home in Bangladesh Flattened Despite India’s Offer to Restore It

    Udit Raj Wants Astronauts Chosen by Caste

    Congress Leader Udit Raj’s ‘Dalit Astronaut’ Comment Reduces Space Mission to Caste Politics

    Is Congress Using 'Rohith Vemula Bill' to Smuggle Muslims into SC Quota?

    Is Congress Using ‘Rohith Vemula Bill’ to Sneak Muslims into SC Quota At the Cost of Hindu Dalits?

    Kerala Nurse’s Life in Balance: Can Yemen Accept India’s Blood Money Offer?

    Nimisha Priya’s Execution Put on Hold amid ongoing negotiations in Yemen

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    14+ Nations Want BrahMos After Watching India’s Might in Operation Sindoor, Says Rajnath Singh

    BrahMos Missile Shines in Op Sindoor ;15 Countries Eye Deal, Reveals Rajnath Singh

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Iran Travel Warning: Indian Nationals Asked to Reconsider Plans

    India Embassy Urges Caution: Avoid Non-Essential Travel to Iran Now

    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Bangladesh’s decision to demolish Satyajit Ray’s ancestral home, despite India’s earnest offer to restore it

    Satyajit Ray’s Ancestral Home in Bangladesh Flattened Despite India’s Offer to Restore It

    Udit Raj Wants Astronauts Chosen by Caste

    Congress Leader Udit Raj’s ‘Dalit Astronaut’ Comment Reduces Space Mission to Caste Politics

    Is Congress Using 'Rohith Vemula Bill' to Smuggle Muslims into SC Quota?

    Is Congress Using ‘Rohith Vemula Bill’ to Sneak Muslims into SC Quota At the Cost of Hindu Dalits?

    Kerala Nurse’s Life in Balance: Can Yemen Accept India’s Blood Money Offer?

    Nimisha Priya’s Execution Put on Hold amid ongoing negotiations in Yemen

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    14+ Nations Want BrahMos After Watching India’s Might in Operation Sindoor, Says Rajnath Singh

    BrahMos Missile Shines in Op Sindoor ;15 Countries Eye Deal, Reveals Rajnath Singh

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Iran Travel Warning: Indian Nationals Asked to Reconsider Plans

    India Embassy Urges Caution: Avoid Non-Essential Travel to Iran Now

    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • 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

Pahalgam Terror Attack Backed by Pakistan’s Political, Military Leadership, Comparable to 26/11, Says Report

India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

Nuh’s Braj Mandal Jalabhishek Yatra and the Uneasy Truth About India’s ‘Secularism’

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

Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India's Global Digital Clout
Analysis

Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India’s Global Digital Clout

10 July 2025

Namibia is poised to enter the next phase of its digital revolution by partnering with India to launch a...

Simple Legal Steps to Protect Your Brand in India
Business

Simple Legal Steps to Protect Your Brand in India

8 July 2025

Introduction A brand is not just a visual symbol - it refers to the belief in a business, credibility...

Indian-Origin Tesla CFO Vaibhav Taneja Appointed Treasurer of Elon Musk’s 'America Party'
Business

Indian-Origin Tesla CFO Vaibhav Taneja Selected Treasurer of Elon Musk’s ‘America Party’

7 July 2025

In a notable recognition of Indian talent on the global stage, Vaibhav Taneja, Tesla’s Indian-origin Chief Financial Officer, has...

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

Congress’s Rohith Vemula Bill: Caste Polarization Masquerading as Reform

Congress’s Rohith Vemula Bill: Caste Polarization Masquerading as Reform

00:07:33

Bhima Koregaon Won’t Be Repeated; Maharashtra’s Special Act to Wipe Out Urban Naxals.

00:06:06

Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

00:07:47

How UPI went global? Why Namibia Adopted It?

00:07:20

Stalin’s DMK Faces Heat Over Brutal Custodial Killings in Tamil Nadu

00:08:06
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©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