New Delhi: Gasoline and Diesel vehicles will not be included in the incentive scheme (PLI) related to ambitious cars because the government will limit the benefits of the CRORE RS 26,000 scheme – deducted from the RS 57,000 Crore which is planned early as electricity and supported by fuel cells Futuristic hydrogen.
The scheme, which can be announced at the beginning of next week, is likely to be a Dampener for top companies such as Maruti Suzuki, Honda (cars and twowheelers), Toyota, Renault-Nissan, Skoda-VW and many other car companies from all their sales only from gasoline , or diesel car.
Homegrown Tata Motors and Mahindra & Mahindra, who have pursued other electrical and clean technology for years, will stand up to get.
Although the original plan is to have an allocation of RS 57,000 Crore for five years, starting 2022-23, the scope of this scheme has now been perfected, said the government’s source to TOI.
The government believes that limiting incentives only for Green will ask almost all companies to urge to focus on getting electricity and other sustainable technology to the market, rather than waiting for the transition of Mega customers.
In addition to vehicles, the PLI scheme for cars will also provide benefits for automatic components intended for making green vehicles, or smarter.
The categories that will be appreciated by incentives in the component industry will include those engaged in hybrid energy storage systems, gear warning collisions, EV spare parts, automatic braking and blind point detection section, advanced driver help system, and category sensors told toi.
The original plan looks too wide, while the revised draft is now focused on what is called a new clean car as part of the government’s goal to jump to the next generation of green vehicles, connected and smart.
Changes in the government’s strategy can encourage top car players such as Maruti Suzuki and Hyundai (only have one imported electricity), to provide an aggressive boost for other electricity and green technology to cut.
Some of the existing players are seen as desiring to switch to electric vehicles because they see to maximize their investment value in operational plants (producing gasoline and diesel cars), encouraging the government to provide incentives to those who are willing to do fast transitions, sources.
said.
The center argues that incentives for two green technologies will trigger significant growth in hydrogen share and battery electric vehicles.
With some international majors, it looks turning to electricity, the government hopes to take advantage of what is believed to be a booming business in the coming years.
Government officials say several companies and industrial agencies, including Siam and ACMA, have been consulted before forming the plan.