City
Epaper

PM Modi gives another push to electric vehicle adoption

By IANS | Updated: August 15, 2022 11:15 IST

New Delhi, Aug 15 In another thrust to his electric vehicle (EV) dream, Prime Minister Narendra Modi on ...

Open in App

New Delhi, Aug 15 In another thrust to his electric vehicle (EV) dream, Prime Minister Narendra Modi on Monday said that the country needs to be 'Aatmanirbhar' (self-reliant) in its energy sector.

Addressing the nation from the ramparts of the Red Fort on the 75th Independence Day, Modi said that from solar energy and bio fuels to adoption to electric vehicles (EVs), the country needs to "reach the next level for energy independence".

Modi's push for EVs came as the electric two-wheeler industry is facing scrutiny over battery explosions and fire incidents that has led to several government probes.

In a recent webinar on 'Make in India for the World', the prime minister asked the industry to tap growing opportunities in areas like semiconductors and EVs.

"Aatmanirbharta is all the more important if we see from the prism of national security. The private sector needs to be more 'vocal for local'," he emphasised, asking the industry to boost domestic manufacturing in the EV sector.

In his recent meeting with Suzuki Motor Corporation's senior advisor Osamu Suzuki in Tokyo, Modi discussed investment opportunities in India, including setting up production facilities for electric vehicles and batteries.

The prime minister has emphasised that by 2030, India's economy would cut the intensity of greenhouse gas emission by 45 per cent of what it was in 2005.

NITI Aayog has forecast that by 2030, nearly 80 per cent of the two- and three-wheelers, 40 per cent of buses and 30-70 per cent of the cars will run on electricity.

India's transition to the electric mobility system can save Rs 20 lakh crore by 2030 on oil imports alone.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: SuzukiNew DelhiTokyoNiti AayogNarendra ModiThe new delhi municipal councilDelhi south-westNational mission for sustainable agricultureNarendra modi modiNew-delhi
Open in App

Related Stories

NationalPM e-Drive Scheme: Know How to Apply Subsidy for Electric Two-Wheelers in Just 5 Days

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

BusinessPrasoon Mukherjee, Chairman of USEL meets PM Narendra Modi to Discuss Strategic Investments In India

NationalPahalgam Terror Attack: Security Agencies Release Sketches Of Terrorists

Technology Realted Stories

TechnologyTelecom industry backs govt move to tackle spam calls, messages from OTT platforms

TechnologyIndian youth ready and disruptive today, setting research milestones: PM Modi

Technology6 oil marketing companies invest Rs 290 crore to support 303 startups: Hardeep Puri

TechnologyChemicals in food containers, medical equipment behind spike in heart disease deaths: Lancet

TechnologyPiyush Goyal discusses India's opportunities with top business leaders in UK