BMTC was the first Indian STU to conduct serious trials for 3 month on BYD Electric buses during the year 2014. The results of the trial was very encouraging and was well received by the commuters. However since the capital cost at around 3 crs for each bus involved in procurement of Electric buses was very high, the decision regarding induction of these buses was therefore deferred.
So now BMTC decided to seek funding support from Government of India (GoI), under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme of National Electric Mobility Mission Plan (NEMMP) 2020.
NEMMP-2020 is an initiative taken by the Department of Heavy Industries (DHI), GOI that aims to accelerate the growth of the electric and hybrid components of the automotive sector. It focuses primarily on fast-tracking the manufacturing and introduction of Electric Vehicles (EVs) in India primarily to reduce CO2 emissions and the dependence on crude oil.
The FAME scheme is intended to provide financial incentives to support the NEMMP, which promotes the development and uptake of EVs in India.
Appreciating the fact that the Electric Vehicle (EV) technology is associated with significant capital costs, with the battery component constituting about half of the total manufacturing costs, BMTC has been holding discussions with domain experts to look at alternatives to optimize the size of the Battery, suiting to its operational requirement, so as to reduce the cost to the extent possible in order to ensure that the cost is comparable to the Premier segment buses presently being operated by BMTC.