India is aiming at having an all-electric car fleet to help the people get rid of the hassles of the rising petrol prices and long queues at petrol pumps, by 2030.
NITI Aayog and the Ministry of heavy industries is planning to lower down the fuel import in the country and the running cost of the vehicles, by introducing and having only the electric cars on the road by 2030.
Electric Vehicles Will Run on India Roads Now
The cardinal idea behind the ministry’s all electric car fleet is that they don’t want any petrol or diesel car to be sold in the country, and that’s why they are emphasising on introducing the electric vehicles on a very big scale. The Power Minister, Piyush Goyal made this announcement while addressing the annual session of the CII, 2017.
Goyal also mentioned that for the initial 2-3 years government can handhold this new electric vehicle industry in order to stabilise it.
By citing the example of the Maruti, which has marked the profit of 30% this time, he stated that initially the government had supported Maruti, the India’s largest car maker company, and it eventually led to the giant automotive industry in the country.
Goyal also conveyed that NITI Aayog in the collaboration with the Ministry of Heavy Industries is working on the large scale promotion of the electric vehicles.
India’s Energy Consumption is Growing
In the last 3 years, the energy consumption in India has grown by about 6.5% CAGR (Compounded Annual Growth Rate). This figure is higher than the figure for the last 10 years, and it suggests that India’s energy efficiency needs to be improved. The electric car introduction will not only help in lowering down this figure, but will tackle many issues we are facing in the country, including air pollution, high petrol and diesel prices, and the queues at the petrol stations which are very harassing for the people.
This decision is certainly going to work in the favour of the people in multiple ways. While it seems more like a dream as of now, but, it would be interesting to see that how government transforms the entire situation of the vehicles in India in a decade.
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