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India to become the leading EV manufacturer
Varnika Jain
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Published on 8th May 21

India is on track to become the leading manufacturer of electric vehicles in the world, Nitin Gadkari

Nitin Gadkari, the Union Minister for Road Transport and Highways, recently attended Amazon’s Sambhav Summit virtually. To reduce the dependence on oil imports, the minister encouraged the use of alternate or flex-fuels in automobiles. Stating that he is in touch with manufacturers, the minister has urged them to develop engines with this technology. Not only this, Gadkari made an important statement when he said, “India is moving ahead towards making electric vehicles. In due course of time, we will be the number one electric vehicle (EV) maker in the world. All reputed brands are present in India.”

"India has got the tremendous capability for making green power... Within six months, I am confident that we will be in a position to make a 100% lithium-ion battery in India, there is no shortage of lithium," he asserted. Following this, he also added that the government is looking forward to launching the Hydrogen fuel cell (HFC). A chemical reaction between hydrogen and oxygen (from the air) to generate electricity which does not include the use of fossil fuel is called HCF technology and it is the need of an hour since we are depleting our fossil fuel resources at a fast rate this will not only aid us in our environmental protection but will also help with Atma Nirbhar Bharat program since India imports around ₹8 lakh crore of crude oil and since the basic nature of economics tells us high demands mean high prices and so this cost will be touching the sky in the coming future. "E mobility will be the important tool to develop pollution-free transport," Mr. Gadkari said.

Some points mentioned by Mr. Gadkari are:

  • An international quality standard should be followed.
  • He wants to make India’s Automobile manufacturing hub No. 1.  "For that purpose, we are now encouraging ethanol, methanol, bio- CNG, electric and hydrogen fuel cells," he said.
  • Diversification of the agriculture sector towards the power and energy sector is required." We have sugar surplus, wheat surplus, rice surplus and that is the problem that our minimum support price (MSP) is higher than international price and market price," he argued.
  • Indigenous battery technology will make the EV industry the most competitive industry.

Future of Electric vehicle Industry:

The nation's complete interest in power is relied upon to develop in the following ten years, with the portion of interest from electric vehicles expected to be less than 0.5% by 2030. To fulfill the rising force need in the most supportable manner to decarbonize the transportation area, the public authority should scale interest in matrix foundation to permit DISCOMs to work the force framework with higher portions of a discontinuous age coming from environmentally friendly power. 

Turnover of Automobile Industry:

From April 2019 to March 2020, the turnover stood at 3.49 lakh crores. (USD 49.2 Billion) due to the sudden outcome of a pandemic with an 11.7 percent downfall in growth. 

Team up to reduce import obligation with focal government:

In India, vehicular contamination combined with street dust resuspension is a critical driver behind the high contamination levels. In, for the appropriation of electric vehicles to resuscitate the economy, both the focal and state governments need to team up further and adjust their strategies to make electric vehicles more moderate and faster to charge while having an all-encompassing battery range for purchasers. The specialists ought to think about bringing down import/trade charges on EVs and charging framework, in any case, given the need to put up the item for sale to the public and set up a charging foundation. The unwinding of the prerequisites under FAME joined with negative impetuses related to non-EV vehicles could be gainful in bringing down costs for customers and permitting the important hardware made external India to enter the market.

Need further assistance? We at Kazam care for our pro EV shoppers and provide them with complete EV solutions. From range, financial aspect, space concerns to the battery and charging solutions. Book your appointment now! For more information, visit Kazam EV at https://www.kazam.in/ or send us a message at our social handles Kazam EV, and we will get back to your kazamly!

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