The Indian government plans to subsidize the construction of electric vehicle charging piles by 1 billion yuan

According to two people who spoke on condition of anonymity, the Indian government plans to provide 10 billion rupees (about 1 billion yuan) as subsidies to build the country's electric vehicle charging infrastructure to accelerate the launch of India's ambitious electric vehicle development plan
.

India's Ministry of Heavy Industry (MHI) is drafting detailed policies and options on building EV infrastructure as the government tries to allay consumer concerns about how to charge these vehicles, especially on
off-road highways.
According to the draft reviewed by Mint, the government plans to have 1,000 charging stations across the country, especially on
major highways such as Delhi-Chandigarh, Delhi-Mumbai and Mumbai-Surat-Pune area.

According to a note prepared by the Ministry of Heavy Industry, these highways will install a charging station every 25 kilometers, with a special focus on cities
with a population of more than 4 million.

India unveiled its national electric locomotive plan in 2013, but progress towards the goal has been slow
as the government realizes the need for adequate infrastructure.
The lack of charging stations is a key factor in the delay in the deployment of electric vehicles procured by National Energy Efficiency Services Ltd.
, a joint venture
between the State Power Corporation of India, Power Finance Limited, Rural Electrification Limited and the Power Company.
The company plans to procure 10,000 electric vehicles
in two phases.

The Rs 1,000 crore subsidy scheme under the scheme is the second phase of the Rapid Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) designation
.
The government plans to deploy about 5,000 electric buses in the second phase of FAME, which expires
in 2023.

"Electric vehicles and charging stations must go hand in hand
.
It's great to see the government supporting the development of charging infrastructure, as state-level policies to implement subsidies don't actually exist," said
Maxson Lewis, managing director of Magen.

Any shift to electric vehicles will help India meet its strategy
of climate change commitments.
This is significant for being the world's third largest emitter of greenhouse gases, and India is also one of
the most vulnerable to climate change.

India plans to reduce its carbon footprint by 33-35% by 2030 from 2005 levels as part of
the commitment of the United Nations Framework Convention on Climate Change, adopted by 195 countries in Paris in 2015.

The exchange rate is 1 Indian rupee = 0.
1 yuan