Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Govt To Unleash Rigorous PMP To Boost Shares Of Domestically Produced EV Components

- Advertisement -

As per the new guidelines in the program, the number of components were brought down from 18 to 12.

Similar to mobile phones, the government of India is now actively working to unleash a new phased manufacturing programme (PMP) for the electric vehicle industry, which is expected to augment the market shares of components produced in-house. Sources, who wish to remain anonymous, revealed that the guidelines of the upcoming program will be applicable for those companies who will participate in the upcoming Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-III) subsidy scheme.

The scheme, which is likely to be unleashed towards the end of this year, will be constituted by a four-member team, which includes representatives from department of heavy industries, Automotive Research Association of India. The upcoming PMP is expected to be more imperative because it would decrease EV manufacturing components to a higher extent, claims sources. 

- Advertisement -

In an effort to bolster the industry, the PMP will also look to manufacture non-critical components in India itself. As per the new guidelines in the program, the number of components were brought down from 18 to 12. “This time in the PMP, the localisation scrutiny guidelines have been clearly mentioned so as to detect any violations of the proposed norms,” the sources added. 

The critical components include electric compressors for HVAC (heating, ventilation, and air conditioning), electric compressors for brakes, AC charging inlets, DC charging inlets, traction battery packs, DC-to-DC converters, electronic throttles, and vehicle control units, among others.

- Advertisement -

Most Popular Articles

Kinetic Green Launches Limited Edition Safar Smart Electric 3-Wheeler

0
Kinetic Green Energy unveils a limited edition Safar Smart passenger vehicle, now with improved storage features and nominal pricing, alongside festive offers and flexible...

Subsidies For 2 & 3-Wheeler Charging Stations

0
An official stated that the initiative is designed to facilitate the installation of 72,300 public charging stations by allocating INR 2,000 crore. Out of...

NTS Launches New Facility In Singapore

0
Aiming to support Asian customers, Dutch contract chip manufacturer NTS has opened a new facility in Singapore to assemble sophisticated mechatronic systems in pristine...

Mahindra Launches Zeo eSCV, Targets Double-Digit EV Growth In 2 Years

0
The latest electric cargo vehicle from Mahindra, the Zeo, which is a zero-emission option, is being offered in the sub-2 tonne category. It comes...

Dubai Airports, Etihad Clean Energy Inks Pact To Unleash World’s Largest Solar Panel Installation

0
The agreement will help install 62,904 solar panels at Dubai International (DXB) and Dubai World Central—Al Maktoum International (DWC) airports. In association with Etihad Clean...
Rohan Singh Bais, Founder and CEO, zipbolt

“Our AI-Driven Leasing Model Maximising Battery Recycling Process With 99% Purity” – Rohan Singh...

0
In a conversation with Nitisha Dubey from EFY, Rohan Singh Bais from Zipbolt reveals innovative battery recycling process. By leasing lithium-ion batteries and harnessing...
Dileep Jain CEO, Rajguru Electronics

Why Did Rajguru Electronics, A Leading Distributor Of Components And Development Boards, Enter Manufacturing?

0
After nearly three decades in distribution, Rajguru Electronics pivoted to manufacturing, setting up a unit for its ADIY subsidiary in Bengaluru. EFY’s Yashasvini Razdan...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
Tanvir Singh, Co-Founder of Mooving

“Battery And Vehicle OEMs Will Be Partners On One Side, Competitors On The Other”...

0
With what is being touted as the ‘Shift of the Century’ in the automotive segment, the business models are evolving too! Does that mean...
Alok Das, Co-Founder, Qargos

“Europe’s Going To Be A Big Market For Indian E2Ws” – Alok Das, Co-Founder...

0
Europe is becoming a hub of investments in the automotive industry, with numerous Indian companies joining the fray. The question arises: will Europe follow...

Think Raw India’s Solar Solutions for the Agricultural Sector

0
ThinkRaw’s blend of technology and tradition is revolutionising agriculture with solar-powered solutions that enhance efficiency and sustainability in farming and aquaculture. established in 2016 by...

Starya Mobility: Shifting Gears From Developing Motors Towards Retrofitting

0
Starya Mobility, a Bengaluru-based startup, evolved from developing EV components to retrofitting scooters, is adapting to India’s dynamic electric vehicle market. Starya Mobility, established in...

Dhruv Vidyut’s Retrofit Kit Converts Normal Vehicle Into EV

0
Innovation begins with simple ideas. Curious how a basic bicycle can become an electric vehicle? Dhruv Vidyut’s retrofit kit is quietly leading this transformation. The...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
InCore Co-founders (L to R): Arjun Menon (Chief Engineer), G.S. Madhusudan (CEO), Neel Gala (CTO), and Gautam Doshi (Chief Architect)

InCore Unveils Six-Core RISC-V Test Chip To Accelerate Design Adoption

0
InCore Semiconductors has introduced a six-core RISC-V test chip that utilises the company’s proprietary generator technology to build its flexible architecture, allowing for the...

Industry's Buzz

Kinetic Green Launches Limited Edition Safar Smart Electric 3-Wheeler

0
Kinetic Green Energy unveils a limited edition Safar Smart passenger vehicle, now with improved storage features and nominal pricing, alongside festive offers and flexible...

Subsidies For 2 & 3-Wheeler Charging Stations

0
An official stated that the initiative is designed to facilitate the installation of 72,300 public charging stations by allocating INR 2,000 crore. Out of...

NTS Launches New Facility In Singapore

0
Aiming to support Asian customers, Dutch contract chip manufacturer NTS has opened a new facility in Singapore to assemble sophisticated mechatronic systems in pristine...

Mahindra Launches Zeo eSCV, Targets Double-Digit EV Growth In 2 Years

0
The latest electric cargo vehicle from Mahindra, the Zeo, which is a zero-emission option, is being offered in the sub-2 tonne category. It comes...

Dubai Airports, Etihad Clean Energy Inks Pact To Unleash World’s Largest Solar Panel Installation

0
The agreement will help install 62,904 solar panels at Dubai International (DXB) and Dubai World Central—Al Maktoum International (DWC) airports. In association with Etihad Clean...

Learn From Leaders

Rohan Singh Bais, Founder and CEO, zipbolt

“Our AI-Driven Leasing Model Maximising Battery Recycling Process With 99% Purity” – Rohan Singh...

0
In a conversation with Nitisha Dubey from EFY, Rohan Singh Bais from Zipbolt reveals innovative battery recycling process. By leasing lithium-ion batteries and harnessing...
Dileep Jain CEO, Rajguru Electronics

Why Did Rajguru Electronics, A Leading Distributor Of Components And Development Boards, Enter Manufacturing?

0
After nearly three decades in distribution, Rajguru Electronics pivoted to manufacturing, setting up a unit for its ADIY subsidiary in Bengaluru. EFY’s Yashasvini Razdan...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
Tanvir Singh, Co-Founder of Mooving

“Battery And Vehicle OEMs Will Be Partners On One Side, Competitors On The Other”...

0
With what is being touted as the ‘Shift of the Century’ in the automotive segment, the business models are evolving too! Does that mean...
Alok Das, Co-Founder, Qargos

“Europe’s Going To Be A Big Market For Indian E2Ws” – Alok Das, Co-Founder...

0
Europe is becoming a hub of investments in the automotive industry, with numerous Indian companies joining the fray. The question arises: will Europe follow...

Startups

Think Raw India’s Solar Solutions for the Agricultural Sector

0
ThinkRaw’s blend of technology and tradition is revolutionising agriculture with solar-powered solutions that enhance efficiency and sustainability in farming and aquaculture. established in 2016 by...

Starya Mobility: Shifting Gears From Developing Motors Towards Retrofitting

0
Starya Mobility, a Bengaluru-based startup, evolved from developing EV components to retrofitting scooters, is adapting to India’s dynamic electric vehicle market. Starya Mobility, established in...

Dhruv Vidyut’s Retrofit Kit Converts Normal Vehicle Into EV

0
Innovation begins with simple ideas. Curious how a basic bicycle can become an electric vehicle? Dhruv Vidyut’s retrofit kit is quietly leading this transformation. The...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
InCore Co-founders (L to R): Arjun Menon (Chief Engineer), G.S. Madhusudan (CEO), Neel Gala (CTO), and Gautam Doshi (Chief Architect)

InCore Unveils Six-Core RISC-V Test Chip To Accelerate Design Adoption

0
InCore Semiconductors has introduced a six-core RISC-V test chip that utilises the company’s proprietary generator technology to build its flexible architecture, allowing for the...