Thursday, May 9 2024 | Time 17:29 Hrs(IST)
image
Business Economy


NITI Aayog initiative to spur demand of electric vehicles: SMEV

New Delhi, July 16 (UNI) Society of Manufacturers of Electric Vehicles (SMEV) has said the 10-point action plan developed by NITI Aayog to combat rising air pollution could further spur the demand for electric vehicles (EVs).
This apart, it will also help in reducing carbon emissions in a huge way, SMEV said.
Government think- tank NITI Aayog has developed a 10-point action plan to combat rising air pollution in 10 most polluted cities in India.
The cities that have been identified are Kanpur, Faridabad, Gaya, Varanasi, Patna, Delhi, Lucknow, Agra, Gurgaon and Muzaffarpur. Once it gets approved and implemented in the identified cities, it could be further replicated in the other part of the country.
Electrifying last mile connectivity by 2022, including public transport, taxis and three-wheelers, has been given thrust in the proposal titled ‘Breathe India’.
“We welcome the step initiated by the NITI Ayog to address the burgeoning problem of rising air pollution in the country. Converting ICE autos into electric ones by discounting the residual value of the existing auto from a new electric auto would help in a smooth transition without putting any additional financial burden on owners” Society of Manufacturers of Electric Vehicles Director General Sohinder Gill said.
Incentives like free registration and ease of getting permits for electric 2 wheelers and 3 wheelers would further motivate customers to adopt green mobility and run toward a cleaner future., he added.
UNI JPG SHK 1600
More News
NTPC successfully demonstrates 20 pc Torrefied Biomass Co-Firing

NTPC successfully demonstrates 20 pc Torrefied Biomass Co-Firing

09 May 2024 | 4:44 PM

New Delhi, May 9 (UNI) State-owned power major NTPC today said it has successfully demonstrated Co-firing of 20wt per cent Torrefied Biomass at its Unit at Tanda in UP, thereby marking a significant stride towards building a sustainable future.

see more..
Essar unit EET Fuels celebrates 100th anniversary of Stanlow refinery in UK

Essar unit EET Fuels celebrates 100th anniversary of Stanlow refinery in UK

09 May 2024 | 4:31 PM

New Delhi, May 9 (UNI) Essar group company EET Fuels (formerly Essar Oil UK) on Thursday announced the commemoration of the 100th anniversary of the Stanlow refinery in the United Kingdom (UK).

see more..

09 May 2024 | 4:28 PM

New Delhi, May 9 (UNI) Alembic Pharmaceuticals on Thursday reported 17 percent jump in net profit at Rs 178 crore during Q4 (January-March) period of fiscal 2023-24, while revenue from sales registered a growth of 8 percent at Rs 1,517 crore.

see more..

09 May 2024 | 4:14 PM

New Delhi, May 9 (UNI) India’s largest public sector bank State Bank of India (SBI) on Thursday reported about 24 percent jump in net profit at Rs 20,698 crore during Q4 (January-March) period of financial year 2023-24 compared to Rs 16,695 crore in same period in 2022-23.

see more..
Maruti Suzuki launches new Swift at starting price of Rs 6 49 lakh

Maruti Suzuki launches new Swift at starting price of Rs 6 49 lakh

09 May 2024 | 2:39 PM

New Delhi, May 9 (UNI) The country's largest carmaker Maruti Suzuki on Thursday launched the new Swift, the fourth generation premium hatchback, with a starting price of Rs 6.49 lakh (ex-showroom).

see more..
image