Targets India to be among the top three in the world for engineering, manufacturing and export of vehicles & auto components

Offers incentives on electric and hybrid vehicles of up to USD 430 for bikes and USD 2050 for cars

The objectives of the National Auto Policy will be met through policy interventions across five identified focus areas:

1. Innovation, Research and Development

2. Vehicle Manufacturing

3. Auto Component Manufacturing in India

4. Green Mobility

5. Eco-system development

The National Mission for Electric Mobility 2020 was launched on 9 January, 2013 to faster adoption of electrical vehicles (including hybrid vehicles), and their manufacture in India to encourage reliable, affordable and efficient electric vehicles that meet consumer performance and price expectations through government industry collaboration for promotion and development of indigenous manufacturing capabailities, required infrastructure, consumer awareness and technology, helping India emerge as a leader in the electric vehicles two-wheeler and four-wheeler market in the world by 2020, with total anticipated sales of around 6-7 mn units.It is estimated that there will be excellent demand in India for low-cost xEVs that are suited for safe short-distance urban commute (average 50-100 km/trip), and are rugged enough to perform reliably through the most hot climatic conditions that also see torrential monsoon rains for 3-4 months of the year.

A total of USD 388.5 mn to enable the industry to adopt and implement global performance standards. Focus on providing low-cost manufacturing and product development solutions.​