India’s electric vehicle roadmap
NITI Aayog organised India's first ever Global Move Summit, where chief guest PM Narendra Modi spoke about the government's electric plan for the country. Pratik Rakshit reports
THE INDIAN AUTOMOBILE INDUSTRY IS ONE OF THE
TO THE COUNTRY’S GDP
In the first week of September, the government’s policy think tank, NITI Aayog, organised India’s first ever Global MOVE Summit to create awareness regarding the need of electric vehicles (EVs) and a vision for future mobility. Prime Minister Modi unveiled a mobility road map that seeks investments in manufacturing EVs and increase the use of public transport. Modi also announced Centre’s vision for EVs and alternate fuel technology which will give boost to the e-mobility. The event also saw participation from Anand Mahindra, chairman, Mahindra, Osamu Suzuki, chairman, Suzuki, Takeshi Uchiyamada, chairman, Toyota Motor and Ulrich Spiesshofer, chief executive, ABB.
Mahindra showcased its latest electric vehicles, the lithium-ion battery powered electric three-wheelers, Treo and Treo Yaari. These vehicles were also shown to the PM, and will be
available for purchase in the coming months. South Korean giant Hyundai, too, showcased the Kona Electric SUV and announced its intention to bring in EVs in the country starting 2020. The newest entrant in the Indian automobile industry, MG Motors India, SAIC’s fully owned subsidiary, also announced its investment of over $500 million in India by 2020 and showcased its e-RX5 electric SUV. ABB Group, a Swiss-Swedish company, showcased the Terra HP fast-charging system, which can power up a car for 200 km in just a single charge in less than 8 minutes.
The Indian automobile industry is one of the highest contributor to the country’s GDP and according to various carmakers, the country is perfectly positioned to leapfrog the global economies in the mobility space on the back of strong technological advancements. While it is important for the industry to be sustainable, the industry unanimously agreed that future of clean and sustainable mobility solutions lies in CESS i.e. Connected, Electrified, Shared and Safe. Here’s hoping for an electric future!
PM Narendra Modi unveiled government's roadmap for electric vehicles in the country and the future of mobility. The roadmap is prepared by NITI Aayog and stresses on the need of alternate fuels along with investment for building ecosystem for EVs
1. Hyundai showcased its Kona electric SUV, which will most likely come to India by 2019. 2. Mahindra showcased its new electric three-wheeler at the summit, ahead of its market debut. 3. ABB demonstrated its Terra HP fast-charging system, which can quick charge a car for 200km in just 8 minutes. 4. MG Motors brought its electric SUV, the eRX5. 5,6 &7. The event saw speeches by Devendra Fadnavis, chief minister , Maharashtra, Osamu Suzuki, chairman, Suzuki Motor Corporation and Amitabh Kant, CEO, NITI Aayog