Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
»
1-min read

100% Electric Vehicles in India? SIAM Presents Roadmap for Shift by 2047

Automobile industry body SIAM has proposed all new vehicle sales in India to be pure electric by 2047 while the same for intra-city public transport fleet can be achieved by 2030.

PTI

Updated:December 20, 2017, 7:38 PM IST
facebookTwitterskypewhatsapp
100% Electric Vehicles in India? SIAM Presents Roadmap for Shift by 2047
Photo for representation only. (Image: AFP Relaxnews)
Loading...

New Delhi: Automobile industry body SIAM has proposed all new vehicle sales in India to be pure electric by 2047 while the same for intra-city public transport fleet can be achieved by 2030.

In a white paper submitted to the government, the Society of Indian Automobile Manufacturers (SIAM) said it is aiming at 40 per cent of new vehicle sales in the country to be pure electric by 2030.

The paper has been brought out in line with the government's vision of 100 per cent electric for public mobility and 40 per cent electric for personal mobility by 2030, it said in a statement.

However, former power minister Piyush Goyal had in April this year said: "The idea is that by 2030, not a single petrol or diesel car should be sold in the country."

Proposing 100 per cent pure electric vehicles -- battery electric and fuel cell -- by the 100th anniversary of India's Independence in 2047, SIAM outlined a road map that includes 60 per cent of new vehicle sales in the country to employ greener technologies like hybrids and other alternative fuels by 2030.

To make sure this vision is realised, the industry, the government and various stakeholders need to collaborate and invest with 100 per cent commitment, SIAM President Abhay Firodia said.

"To ensure smooth phasing in of pure electric vehicles and to sustain the transition to cleaner fossil fuel vehicles, the IC (internal combustion) engine upgradation must continue over the next decade or so," the paper added.

Progressively, cleaner fossil fuel vehicles will be an essential stepping stone in this journey towards 100 per cent pure electric, it added.

The proposed policy measures in the White Paper will be needed for creating a robust market and manufacturing ecosystem for electric vehicles in India and such a policy must be sustained over time to remain stable to enable the industry commit to investments with full confidence, Firodia added.

He also emphasised that policy should be necessarily adaptive in view of the nature of the fast-evolving technology.

"At the same time, there must not be sudden changes so as to allow outcomes in a planned manner and to ensure that the necessary transformation takes place with the minimum of disruption which may have socio-economic impact in terms of industrial growth, employment and livelihood of people in the auto industry," Firodia said.

| Edited by: Ashutosh Tripathi
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
 
 
Most Active
Company Price Change %Gain
Indiabulls Hsg 672.25 -3.18
Yes Bank 115.05 -1.75
IndusInd Bank 1,426.80 -4.17
GRUH Finance 291.70 -5.01
Reliance 1,317.55 -0.73
Company Price Change %Gain
GRUH Finance 291.85 -5.40
Indiabulls Hsg 672.10 -3.20
Yes Bank 115.35 -1.58
Larsen 1,529.15 0.80
IndusInd Bank 1,425.10 -4.36
Top Gainers
Company Price Change %Gain
Bharti Infratel 275.05 1.36
Sun Pharma 392.55 0.72
Vedanta 169.55 0.65
Larsen 1,526.30 0.58
Power Grid Corp 194.60 0.39
Company Price Change %Gain
Larsen 1,529.15 0.80
Vedanta 169.60 0.74
Sun Pharma 392.35 0.58
Power Grid Corp 194.60 0.44
TCS 2,252.30 0.09
Top Losers
Company Price Change %Gain
Zee Entertain 336.50 -4.57
IndusInd Bank 1,426.80 -4.17
Indiabulls Hsg 672.25 -3.18
Bharti Airtel 353.30 -2.87
Axis Bank 801.20 -2.31
Company Price Change %Gain
IndusInd Bank 1,425.10 -4.36
Bharti Airtel 353.30 -2.74
Axis Bank 800.15 -2.39
Kotak Mahindra 1,473.80 -2.10
Tata Motors 164.10 -1.97

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results