EV INDUSTRY

The electric vehicles industry at a nascent stage in India. It is less than 1% of the total vehicle sales however has a
potential to grow to more than 5% in few years. At present there are more than 4 lac electric two wheelers and few
thousand electric cars on Indian roads. The industry volumes have been fluctuating, mostly depending on the
incentives offered by the government. Many serious players (Hero Eco, Mahindra Reva, Electrotherm, Avon, Lohia,
Ampere etc) are continuing with the mission and trying to enforce the positive change under the banner of SMEV.
More than 95% electric vehicles on Indian roads are low speed electric scooters (less than 25km/hr) that do not
require registration and licenses. Almost all electric scooters run on lead batteries to keep the prices low, however,
battery failures and low life of batteries have become major limiting factors for sales besides government subsidies.
Many manufacturers have taken initiatives to install the charging station with limited success. Players like Lohia and
Electrotherm have developed Electric three-wheelers. Ampere and Hero have entered Electric Cycles segments.
There are dozens of E-Rickshaw players mushrooming across the country but they are not SMEV members as
SMEV does not support uncertified products/traders.
The Industry is almost ready for a take-off but for the incentives. It is expected that FAME-2 will be implemented by
October 2018 and with that, the Industry may witness a quantum leap in volumes and technology. SMEV sees a
great opportunity with EVs in reducing the Carbon footprint, dependence on Crude oil imports, creating jobs and
building a new Technology knowledge hub in India.

DUTY AND TAX STRUCTURE

STATE RTOS TAX % ON EX-SHOWROOM (AS ON JAN 2019)

S.NO STATE RTO%

1 DELHI 6%

2 HARYANA 6%

3 PUNJAB 7%

4 CHANDIGARH 0%

5 UTTAR PRADESH 0%

6 UTTRAKHAND 0%

7 RAJASTHAN 0%

8 GUJARAT 6%

9 GOA 0%

10 MAHARASHTRA 0%

11 MADHYA PRADESH 5%

12 ANDHRA PRADESH 0%

13 TELENGANA 5%

14 KARNATAKA 0%

15 TAMILNADU 4%

16 PUDUCHERRY 0%

17 KERALA 0%

18 CHATTISGARH 8%

19 ORISSA 7%

20 BIHAR 8%

21 JHARKHAND 8%

22 WEST BENGAL 7%

23 ASSAM 8%
 EV SALES
EV MARKET SCENARIO INDIA.

CONSUMER SAVINGS
Average Running Cost Analysis of Electric & Petrol Two-Wheelers

Petrol
Model (HSS)(Li-ion) (LSS)( Lead Acid)
2-Wheeler

Ex showroom Price* 87790 35490 60489

Fuel consumed in running 50 km/ day 1.5 units of electricity 1.5 units of electricity 1 liter of Petrol

Cost of fuelling for per 50 km run (Rs.) 11 11 60

Duration of Ownership (years) 5 5 5

Total running in 5 year (km) 75000 75000 75000

Average Maintenance for 5 years (Rs.)h 10000 10000 25000

Cost of Refueling for 5 years (Rs.) 15750 15750 90000

Battery Cost for 5 years (Rs.) 0 30300 0

Cost of running for 5 year (Rs.) 113540 91540 175489

Saving in 5years (Rs.) 61949 83949 -

CO2 Reduction by using EVs in 5 year (Metric Tons) 1.9 1.9 -