EV sales penetration
Govt aims to expand ethanol industry & EV sales penetration
Minister of Road Transport and Highways, Govt of India, Mr Nitin Gadkari said that in order to reduce pollution levels in the country, the Government aims at an INR 2 lakh crore ethanol economy from its present size of INR 20,000 crore as the development of an extensive ethanol industry for biomass and agriculture sector. The government highlighted the flex-fuel vehicles will play an important role to decarbonize the transport sector by making it more sustainable for the environment, economy, and ecology. Read further to know more about EV sales penetration.
“We are going to make it compulsory for all vehicle manufacturers to make flex-fuel engines that can run on more than one fuel to reduce pollution,” said Mr Gadkari. The Minister also cited examples of Brazil, Canada, and the USA, where most automobile companies manufacture flex-fuel engines. We will tap into the strength of the agriculture sector to produce energy and power. The production of bio-CNG from agricultural waste will solve the crisis of air pollution. “We also want to promote the use of green hydrogen, which can help us accomplish the zero-carbon emission mission,” he said.
EV sales penetration
The Minister also said that the government intends to have electric vehicle sales penetration of 30 per cent for private cars, 70 per cent for commercial vehicles, 40 per cent for buses and 80 per cent for two and three-wheelers by 2030. He said that there’s a substantial response received from the domestic market for electric vehicles like electric rickshaws, cars, scooters, and electric bicycles.
He also emphasised on researching and developing high-efficiency batteries and EV components is what we need the most. “To encourage electric vehicle, battery-operated vehicles have been exempted from payment of fees for issue of renewal of registration and new registration mark” he added.
The Ministry said Mr Gadkari, aims at developing efficient and affordable public transport systems such as metro rail, rapid rail transit, intercity bus services and monorail.
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