CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government has set an ambitious target to achieve sales of around 70 lakh hybrid & electric vehicles by the end of which year?
A
2022
B
2020
C
2023
D
2021
Explanation: 

Detailed explanation-1: -The Government wants India to be a 100%, electric vehicle nation by the year 2030. Under the new plan of the government, every car which will get sold in India from 2030 will be electric.

Detailed explanation-2: -The government has stated that it intends to grow electric vehicle (EV) sales in India to capture the markets of 30% of private cars, 70% of commercial vehicles and 80% of two and three-wheelers by 2030.

Detailed explanation-3: -In parallel, the share of EVs in total sales needs to reach around 60% by 2030 to stay the course and reach net zero CO2 in 2050. At the end of 2021, the number of electric cars on the road exceeded 16.5 million.

Detailed explanation-4: -The correct answer is option FAME. The FAME (Faster Adoption and Manufacture of Electric Vehicles) was launched in 2015 to promote electric and hybrid vehicle technology to ensure growth.

Detailed explanation-5: -It is aimed at making EVs account for 25 percent of the new vehicle sales by 2024. Meeting the target of 25 percent EV penetration by 2024 would add approximately 500, 000 EVs across vehicle segments in the city.

There is 1 question to complete.