The Ministry of Road Transport and Highways (MoRTH) has introduced a Draft Notification to exempt registration costs for battery-operated and electric vehicles. This initiative aims to encourage the adoption of eco-friendly transportation options across the country.
Under the Central Motor Vehicles Rules (CMVR) 1989, the MoRTH has proposed an amendment to Rule 81. The draft notification, dated June 18, 2019 (GSR 430(E)), seeks to eliminate the registration fees for electric vehicles. This exemption applies to both the issuance and renewal of registration certificates, as well as the assignment of new registration marks. The primary beneficiaries of this policy will be EV buyers, making electric vehicles more accessible and affordable.
The government hopes that by waiving registration fees, there will be increased interest and investment in the electric vehicle (EV) market. This draft notification is open for comments and suggestions from stakeholders, allowing for feedback before final implementation.
The Indian auto industry is on the brink of significant transformations. As of July 1, 2019, all new cars sold in India must comply with the AIS 145 Safety Norms. These norms mandate essential safety features such as driver airbags, seatbelt reminders for both the driver and co-driver, rear parking sensors, and over-speed alert systems.
Further enhancing vehicle safety and emissions standards, India will implement the BSVI (Bharat Stage VI) mandates on April 1, 2020. These regulations aim to reduce vehicular emissions and improve air quality nationwide.
With immediate focus on safer and cleaner cars, the long-term strategy of the Indian government centres on promoting electric vehicles. The MoRTH is collaborating with NITI Aayog to facilitate a seamless transition to EVs. The overarching goal is to make a significant shift towards electric mobility by 2030.
Auto manufacturers are actively preparing for this electric revolution by developing best practices and innovative solutions. The Minister of Road Transport and Highways is engaging with various stakeholders to chart a clear path for widespread EV adoption. Through a combination of policy support and industry readiness, India aims to lead the way in sustainable transportation.