NITI Aayog releases Draft Battery Swapping Policy for comments of Stakeholder
NITI Aayog has released Draft Battery Swapping Policy for the comments of Stakeholders.
Under this policy all metropolitan cities with a population above 40 lakh will be prioritised for development of battery swapping network under the first phase.
all major cities such as state capitals, UT headquarters and cities with population above 5 lakh will be covered under the second phase.
According to the draft policy, vehicles with swappable batteries will be sold without a battery, providing the benefit of lower purchase costs to potential EV owners.
any individual or entity is free to set up a battery swapping station at any location, provided that the specified technical, safety and performance standards are adhered to.
The draft is up for consultation, and Niti Aayog has invited comments on it until June 5.
During the COP26 summit in Glasgow, India had committed to reduce carbon emission intensity by 45 per cent and take the non-fossil energy capacity to 500 Giga Watt by 2030.
The road transport sector is one of the major contributors to CO2 emissions and contributes one third to particulate matter emissions.
In her Budget Speech 2022-23, Finance Minister Nirmala Sitharaman had announced that the Government will introduce Battery Swapping policy.
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