India's Ambitious Push Towards To Electric Vehicles: A 10,000 Crore Initiative

India announced its first green initiative

 

It's official. The change or at least the inception of the change is happening now. The ambitious project of India to go all-electric by 2030 witnessed its first initiative. As Coal and Mines Minister of India, Piyush Goal announced a month ago, the government came up with a green initiative.

Why The Sudden Transition?

This transition to Electric Vehicles (EVs) is to address the global warming and pollution rise to deadly levels. The first position of Delhi on the top of the most polluted cities put the decision to switch to EV on fast-track. With Global Warming now becoming the heated argument all over, India is joining other countries in an attempt to reduce the carbon footprint by reducing fossil fuels consumption.

Coal and Mines minister Piyush Goyal
Coal and Mines minister Piyush Goyal

China first, now Delhi and soon other cities will face the wrath of fossil fuels consumption. With the levels of the air pollution record high in its capital city, India is taking the issue very seriously and like Germany, It is focussing on investing huge amounts for this transition.

All About The Change To EVs

As a part of the green initiative, India is going to spend 10,000 crores just for setting up and developing the infrastructure needed for the EVs. The infrastructure development will involve:

  • National Thermal Power Corporation (NTPC)
  • Indian Oil Corporation (IOC)
  • Pashchimanchal Gas Company Limited (PGCL)

This list will grow soon when the project will evolve and many automakers already promised to play a crucial role in this project. Some of them are:

The project is taking some inspiration from the Government previous initiative of LED bulbs usage which received a huge response and the Government will likely use some strategies from that for this project. 

Soon EVs market will develop in India
Soon EVs market will develop in India

The possible timeline of the project is expected as follows:

  • Setting up of Infrastructure required like Charging Stations
  • Mass promotion of EVs by Government using number of EVs all over the country
  • EVs first appearance as Public Transport or Mass transport like Autorickshaws and Buses
  • First commercial  advanced-technology EV mostly suitable for middle-class families
  • Wide range of EVs as more automakers jump 
  • Indian Government will pull of its involvement after EVs become a self-dependent market
Mahindra Reva
Mahindra Reva

India which already has automakers with experience with the EVs will play a crucial role in the development of this project. While we already have some electric cars in India, the lack of infrastructure is restricting to develop into a huge market. But with the involvement of Government itself, the transition will be possible. So, It is time for a change and we are changing. Thanks to Tesla Motors.

 

SOURCE: Quartz

Tags: India , news , Automobiles , Future

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