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Driven by Paris Climate Agreement, India Looking towards Complete Electrification of Cars by 2030

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Published on : Sep 20, 2017

India is looking towards a complete transformation to electric cars by 2030, a vision of Narendra Modi’s government with a view to implement renewable-energy revolution in the world’s fifth largest nation. The move is estimated to cut down the oil bill and reduce emissions to a large extent apart from curtailing the demand for road infrastructure. This move will have a massive effect on the land where 1.3 bn people reside and around 20 mn vehicles being bought each year. The efforts required from the administration and private sector will be nothing without the support from the general public.

Need to Cut Oil Imports

However, this move was important. For one, India has signed the Paris climate agreement and is expected to bring down the nation’s contribution to emissions by 2030. Also many of the cities in India are among those, which suffer from excessive pollution and rank under the world’s most polluted cities. Also, the fact that India imports over 80% of its oil has made it essential to look for alternative fuels. Thus, in 2015 India launched the scheme called the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME), with a view to encourage clean fuel technology cars. The fact that it failed to even take off is another story.

Government Vehicles to be Electric Soon

Nevertheless, the Modi government is expected to roll out a national policy for EVs by the end of this year, setting the specifications and standards for vehicles and offering guidelines to incentivize their use. Also, the new renewable energy ministry of India has been appointed the nodal agency to acquire over 10l electric cars by this year and replace the existing government vehicles.