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E-mobility to be preferred mode of road transport by next decade: NITI Aayog

9/5/2018

New Delhi, India’s vehicular transportation scenario will undergo a sea change by the next decade as the country will emerge as the biggest passenger car market by 2030, where every second car sold will be in India. This was stated here on Wednesday by NITI Aayog CEO Amitabh Kant while speaking on ‘Promoting Sustainable Mobility Solutions’, ahead of the two-day Global Mobility Summit beginning on Friday. The event was co-hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the NITI Aayog. Mr Kant said at present 76 per cent of all vehicles sold were two-wheelers which consumed 64 per cent of fuel and accounted for 30 per cent of pollution, while three-wheelers caused 5 per cent of pollution. In addition, 70 per cent of goods transportation was on lorries which too were a major contributor to vehicular pollution. He said the challenge for the country was to battery-charge all modes of road transport vehicles, and therefore, it was imperative to substitute fossil fuels with cleaner alternative fuels for both inter-city and intra-city movement of vehicles. Businesses, he said, need to be aware of and seize the opportunities that are set to emerge from the e-mobility and sharing of vehicles space and rise to the challenge of research and development for developing technologies for harnessing renewables and efficient battery storage. At a panel discussion later, CEOs spoke about the opportunities offered by the e-mobility market and emphasised the need for ensuring accessibility and affordability and charging infrastructure. The panelists were Naveen Munjal, Managing Director, Hero Electric; Mahesh Babu, CEO, Mahindra Electric; Nishant Arya, Executive Director, JBM Group; Akilur Rahman, CTO- ABB India; Prasanna Kumar Ganesh- Program Director, Asia- Pacific Region, Toyota Mobility Foundation; Karthick A, Head, EV & eMobility Solutions, Ashok Leyland and Ritu Ghosh, Head Corporate Affairs & CSR, Panasonic India Pvt Ltd.

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