India To Sell Only Electric Vehicles After 2030: NITI Aayog
NITI Aayog: India’s one of the best policy tanks, has published a new report regarding the recommendation of all the vehicles which are currently present on the roads of India. The report says that all the vehicles in India will be fully electric after the year 2030. This latest trend, set up by the Indian Government will help to improve the sustainability and eco friendliness. It is rumored that this will help to easily expand the scope of clean fuel technology, which is currently available, only in two and three wheelers.
The CEO of NITI Aayog, named as Amitabh Kant, stated that only those EV (two and three wheelers) which have the engine capacity of 150 CCs will be available from 2025 onwards.
The transportation sector is one of the most demanding sectors for oil. While, according to the reports, about 100% of electric vehicles will be available for sale by 2030 which can easily reduce India’s import dependency by a very big margin.
According to the combined reports of NITI Aayog and Rocky Mountain Institute, USA suggests that India can easily save 37% of carbon emission till 2030 by simply pursuing a shared, electrical, and connected mobility future and 64% of all of the anticipated road based mobility related energy demand.
This would, basically, result in the reduction of 156 Mtoe in petrol and diesel consumption for that particular year along with the net saving of roughly Rs. 3.9 Lakh Crore in 2030 at current oil prices.
According to the reports, NITI Aayog has moved a cabinet note which includes various responsibilities for different ministries. The highway and road transport ministry has been already proposed to prepare a framework which can easily phase out the sale of petrol and diesel vehicles by the year 2030. These ministries have already been asked to pilot e-highways programs, which can easily overhead electricity network for enabling the buses and trucks to operate as electric vehicles on selected national highways.
Transport minister, Nitin Gadkari, said that the upcoming Delhi-Mumbai expressway will be the ideal e-highway. He was previously threatened to mandate EVs from 2030 but now they will make their decision after discussing with the automobile industry. Apart from these ministries, the heavy industries ministry would have to replace all the petrol or diesel vehicles with EVs of all the central ministries, public sector, and agencies by 2030.
According to the reports, the estimation will reach the annual subsidy of around INR 8000 crore and this subsidy will be given to the manufacturers just after the actual sale.
Read More Article: Ericsson Mobility Report
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