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SMEV

source: SMEV

 

 

 

Society of Manufacturer of Electric Vehicle OR just SMEV is India’s registered association that represents Indian manufacturers of electric vehicles and electric vehicle components.

It is playing a key role in helping India and Indian government to adopt EVs in the most effective ways like FAME [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] India Policy , rationalization of import duties, reduction of local taxes and levies.

SMEV is based at New Delhi . It works closely with NITI Aayog, Ministry of New & Renewable Energy, Ministry of Heavy Industry and State Nodal agencies on various policy development & pilot projects for the implementation of Electric Mobility across many States and Union Territories across India.

Objectives of SMEV

  1. Assist Govt. in Implementation of Electric Mobility plan.
  2. Assist manufacturers in understanding and implementing the FAME scheme to gain optimum benefits.
  3. Persuade nodal agencies for faster implementation of pilot projects.
  4. Support the manufacturing sector to gain maximum benefits of Carbon Credit.
  5. Spread awareness of Electric Vehicles.
  6. Help evolve practically implementable ARAI standards.
  7. Help streamline the battery recycling system.
  8. Encourage and mentor manufacturers to adopt best practices of battery recycling systems.
  9. Be the knowledge center for promoting indigenization of imported products.
  10. Assist Exports of Electric Vehicles out of India.
  11. Catalyze bulk purchase of Electric Vehicle in Government/Administrative departments and offices.
  12. Support clear policy frame work on Electric Vehicles to be part of town planning infrastructure.
  13. Catalyze a favorable business environment to be created for investment opportunities in the Indian Electric Vehicle industry.
  14. Become a source of authentic and accurate information on EVs.
  15. Represent EVs in center/state bodies for benefits and rationalization of rules.

Achievements of SMEV

  • FAME India Scheme ( NEMMP 2020).
  • Rajasthan Government has provided complete VAT exemption on battery-driven motor vehicles.
  • VAT in Maharashtra reduced to 5% from 12.50%.
  • VAT in Tamilnadu reduced to 4% from 12.50%.
  • VAT in Madhya Pradesh reduced to 0% from 12.50%.
  • VAT in Delhi reduced to 5% from 12.50%.
  • VAT in Haryana reduced to 5% from 12.50%.
  • VAT in Chandigarh reduced to 0% from 12.50%.
  • VAT in Chhattisgarh reduced to 0% from 12.50%.
  • VAT in Karnataka reduced to 0% from 12.50%.
  • VAT in Punjab reduced to 5.5% from 14.50%.
  • Karnataka Government approves electric vehicle policy
  • Central Govt sets 12% GST rate for Electric Vehicles
  • MNRE Subsidy.
  • DPCC Subsidy for EVs

Wrap Up

Being an EV movement promoter in India, EV Zone has put forward the valuable information about the most important association in the country taking this movement ahead. For any further queries, please comment. We will try to provide you with the same.