Overview

• The government is poised to clarify that electric buses, cars and trucks will not be subject to the 15-year end-of-life regulation to spur secondary-market sales.
• The Power Ministry plans to extend Corporate Average Fuel Efficiency norms to urban freight vehicles, buses and trucks to curb emissions across commercial fleets.
• NITI Aayog has launched the India Electric Mobility Index to benchmark states and Union Territories on EV adoption, charging infrastructure readiness and technology innovation.
• Senior officials agreed to pivot from broad subsidies toward ‘soft’ mandates and disincentives targeting saturation of electric fleets in key cities.
• The Finance Ministry has engaged banks on better EV financing through battery standardisation and targeted incentives for vehicle and battery purchases.