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Overview on India’s 2030 Vision on Electric Vehicle

India CSR by India CSR
November 7, 2017
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Govt. led by visionary Prime Minister Shri Narendra Modi has a vision for converting all vehicles in India to electric vehicles by 2030.

Automotive Mission Plan (AMP) has been finalised jointly by Government of India and Indian Automotive Industry. The vision of AMP 2026 is, By 2026, the Indian Automotive industry will be among the top three of the world in engineering, manufacture and export of vehicles and components, and will encompass safe, efficient and environment friendly conditions for affordable mobility of people and transportation of goods in India comparable with global standards growing in value to over 12% of India’s GDP and generating an additional 65 million jobs.

India’s auto industry has become one of the largest in the world due to the competitive environment in the market. The turnover of the auto industry is equivalent to 7.1% as per the Review Report of Automotive Mission Plan 2016. Government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission Plan (NEMMP) 2020 was unveiled in 2013. As part of the mission, Department of Heavy Industry has formulated a scheme namely FAME – India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) for implementation with effect from 1st April 2015, with the objective to support hybrid/electric vehicles market development and Manufacturing eco-system.

The overall scheme is proposed to be implemented over a period of 6 years, till 2020, wherein it is intended to support the hybrid/electric vehicles market development and its manufacturing eco-system to achieve self-sustenance at the end of the stipulated period. The scheme has 4 focus areas i.e. Technology Development, Demand Creation, Pilot Projects and Charging Infrastructure.

Ministry of Road Transport & Highways has issued notification No. GSR 643(E) dated 19.08.2015 vide which the mass emission standards for Bharat Stage IV shall come in to force all over the country in respect of four wheeled vehicles manufactured on or after the 1st April, 2017. India will jump from Bharat Stage (BS) IV emission norms to BS VI by 2020.

Electric car uses alternate fuel electricity instead of petrol or diesel. There is a growing acceptance for hybrid and electric cars in the country and more and more manufacturers are entering this niche segment with an express objective of lowering the fuel import bill and running cost of vehicles. Conversion of vehicles to electric vehicles has a potential to save fossil fuels worth about $100 bn annually, which in turn would save the country precious foreign exchange, prevent the dependence on imported petroleum products and reduce the pollution in cities by 80-90%.

  • By the year 2030, the NDA Government wants India to be 100%, electric vehicle nation.
  • India spent Rs 4.7 Lakh Crores in 2016-17 in importing crude oil. Electric Vehicles will help lower the bill.
  • Every car sold in India from 2030 will be electric, under new government plans.
  • India aims to become a 100% electric vehicle nation by 2030. The National Electric Mobility Mission Plan (NEMMP) targets seven million electric and hybrid vehicles by 2020.

(India CSR Network)

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Tags: Automotive Mission PlanElectric Vehicle Plan of IndiaElectric Vehicle Summit in 2018Electric Vehicle Summit in IndiaElectric Vehicle Summit in New DelhiNational Electric Mobility Mission PlanSummit on Electric Vehicle in India

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India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

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