Nifty99000 100%

Sensex99000 100%

Article rating: 4.0
Article rating: 3.9
Article rating: 5.0
Article rating: 4.0
Article rating: 4.5
Article rating: 3.8
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating


Auto sector should consider various technology approaches for clean mobility: Kant

Author: IANS/Friday, September 8, 2017/Categories: Auto & Ancillary

Auto sector should consider various technology approaches for clean mobility: Kant

Delhi - India's automobile sector should consider adopting various technology approaches for clean and zero emissions mobility, a senior government official said.

"We should consider various technologies approaches for clean mobility and zero emissions including the concept of battery swapping... open infrastructure for charging," NITI Aayog CEO Amitabh Kant said at the 57th SIAM Annual Convention 2017.

Kant pointed out that "research, innovation and development" need to take place in India for "large scale" battery production, EV component manufacturing and charging infrastructure creation to face the "disruption" of mass electric vehicles (EVs) adoption in the country.

"The conventional regulatory policies in the automobile sector so far have been incremental and gradual," Kant observed. 

"However, the recent decisions like leapfrogging to BS-VI emission norms, 100% electric vehicles by 2030, methanol economy and fuel efficiency norms are transformational and will have fundamental impact on entire automotive ecosystem without any transitional phase." 

He also called upon the automobile industry to formulate and suggest an overall policy for EVs promotion.

According to Kant, low per capita car ownership in India will prove to be advantageous for mass adoption of EVs.

At present, India has a low per capita car ownership of 20 vehicles per 1,000 citizens in comparison to 800 vehicles per 1,000 citizens in the US and 85 per 1,000 citizens in China.

"Low per capita car ownership which uses internal combustion engine gives India unique opportunity to pursue a different growth model in this sector," Kant said.

"While other countries struggle to replace their large (internal combustion engines powered) vehicle fleets with EVs... India would not be required to do so."

However, he stated that for mass scale EV adoption and to make India a base for EV manufacturing, challenges such as indigenous battery production and creation of charging infrastructure need to be met.

Kant added that India's automotive industry played a crucial role in the country's growth. 

Print Rate this article:
No rating

Number of views (227)/Comments (0)

rajyashree guha


Other posts by IANS
Contact author

Leave a comment

Add comment



Ask the Finapolis.

I'm not a robot
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest



The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free