EXCLUSIVE: Nine months on, India's SMEC policy for electric car manufacturing remains stalled
Key elements of the scheme, including the formation of an inter-ministerial sanctioning committee, are still pending.
India's much-anticipated new EV policy is caught in a curious state of limbo, it seems; awaiting clarity about the fate of the Scheme to Promote Manufacturing of Electric Passenger Cars (SMEC) policy. This scheme, designed to make India as a global EV hub, was unveiled with much fanfare in mid-March this year, but its operational guidelines remain elusive, even after nearly nine months. The delay has cast a pall of uncertainty over the entire EV sector, leaving industry players anxiously awaiting a definitive roadmap.
The Ministry of Heavy Industries, in a response to Autocar Professional obtained via a Right to Information (RTI) query, stated that key elements of the scheme—including the formation of an inter-ministerial sanctioning committee —are still pending.
Until ...
RELATED ARTICLES
Mahindra Reveals Scorpio Lifestyler Pickup
Production version of Global Pik Up concept to launch in India by April 2027 and expand across international markets.
Ashok Leyland Targets ₹2,000-Crore Cost Reduction as Commodity Pressure Builds
Commercial vehicle maker sets up dedicated team to reduce costs over the next 18-24 months.
Mahindra Starts Work on Electric Trucks, First EV Bus Due in FY27
The automaker has started initial work on electric trucks while SML Mahindra prepares its first electric bus for launch ...


20 Dec 2024
6632 Views
Autocar Professional Bureau
