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
Honda’s Long Overdue India Reset
India-specific SUVs, localised hybrids, mainstream EVs, faster development cycles and a more decentralised strategy mark...
Centre, States, OEMs Join Hands to Promote Replacement of Old Commercial Vehicles in Delhi-NCR
The initiative is aimed at encouraging owners of ageing commercial vehicles to transition to newer, cleaner models, supp...
E85 Fuel to Be Priced Significantly Below Petrol, Says Hardeep Singh Puri
Minister says E85 fuel will be priced significantly below petrol as India prepares policy support to boost flex-fuel veh...


By Shahkar Abidi
20 Dec 2024
6434 Views
Kiran Murali
