Business Standard

Blueprint to take EVs to 15% of vehicles in 5 yrs: Gadkari

- PRESS TRUST OF INDIA

Union Minister Nitin Gadkari has said a blueprint has been drawn to boost production of electric vehicles in the country and take their share to 15 per cent of total automobile­s in the next five years.

It is about time that India should think seriously to promote green vehicles and curb pollution, the minister, who is rallying for the EVs and alternativ­e fuel vehicles, said.

“The demand for electric vehicles is huge in India. Our expectatio­n is to take the number of electric vehicles to 15 per cent of the total vehicles in India in the next five years,” the minister for road transport, highways, shipping, water resources, river developmen­t and Ganga rejuvenati­on toldPTI. Gadkari said the expectatio­n of taking electric vehicles to 15 per cent of India’s total vehicles could easily be achieved as “there is huge appetite” for it.

“My ministry has prepared a detailed report to promote electric vehicles through non-fiscal incentives,” NITIN GADKARI, Union minister Gadkari said, clarifying that subsidy was not needed.

The minister said that surging demand for such vehicles will automatica­lly see a reduction in prices, while the government was committed to creating a matching infrastruc­ture for these.

“It is being thought in the government that we will give some electric cars in government department­s,” the minister said.

According to the Society of Indian Automobile Manufactur­ers, vehicle sales across categories had registered a 14.22 per cent growth at 24.97 million units in 201718 as against 21.86 million units in the previous fiscal.

He said plans were to set up charging infrastruc­ture at public places as well as government parking places.

Last week, Gadkari has made it clear that with a goods and services tax rate of 12 per cent on EVs there was no need for any subsidy.

The minister said he has appealed to automobile manufactur­ers to jackup electric vehicles production to meet government’s plans but also clarified that “this is not mandatory” and they could continue their dieselpetr­ol vehicles production but demand will force them to think towards this direction.

He also said that to boost electric vehicles the government would urge aggregator­s and operators like Ola and Uber to induct EVs and alternativ­e vehicles as a certain per cent of their fleet.

 ??  ?? The demand for electric vehicles is huge in India. Our expectatio­n is to take the number of electric vehicles to 15 per cent of the total vehicles in India in the next five years
The demand for electric vehicles is huge in India. Our expectatio­n is to take the number of electric vehicles to 15 per cent of the total vehicles in India in the next five years

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