Main Object Clauses
- To carry on the business of designing, manufacturing, assembling, marketing, selling and servicing electric vehicles including two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, buses and special-purpose EVs, along with spare parts and accessories.
- To manufacture, assemble and trade lithium-ion batteries, battery packs, battery management systems, motors, controllers, chargers and other EV components, and to provide battery swapping, leasing and energy-as-a-service solutions.
- To set up, operate and franchise EV charging stations and charging infrastructure networks, and to develop software platforms for charging management, fleet tracking and vehicle telematics.
- To carry on the business of importing, exporting and trading automobile components, auto ancillaries and electric drivetrain systems, and to undertake research and development in electric mobility and battery technologies.
NIC Code: 29 — Manufacture of motor vehicles, trailers and semi-trailers
Related Licences & Registrations
- ARAI / ICAT Type Approval: Every EV model needs type approval and CMVR certification before sale — no vehicle can legally be sold without it.
- FAME Scheme Registration: To pass on demand incentives to buyers, manufacturers must register on the government’s FAME portal and meet localisation norms.
- GST Registration: EVs and components carry distinct GST rates; correct classification directly affects ex-showroom pricing.
ROC Filing Notes
- Manufacturing objects for EVs are accepted without pre-licences — type approvals are product-level, not company-level, so the ROC does not ask for them at incorporation.
- If the company will also run charging stations as a service, add explicit ‘charging infrastructure services’ objects — MCA treats this as a distinct business line worth stating separately rather than burying it inside manufacturing.
