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Tuesday , 12 December 2017
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Indian roads set to have only electric cars by 2030 – Piyush Goyal

Power Minister Piyush Goyal said that he is looking to realise the dream of having only the electric cars in the Indian roads by 2030. The idea is not only to reduce the huge outflow of cash by way of importing petroleum and other products but also to make the nation, a smokeless and a pollution free environment.

“We are going to introduce electric vehicles in a very big way. We are going to make electric vehicles self- sufficient like Unnat Jyoti by Affordable LEDs for All (UJALA). The idea is that by 2030, not a single petrol or diesel car should be sold in the country,”he said while addressing the CII Annual Session 2017 in New Delhi.

Citing the example of State owned Maruti, Goyal opined that the Government would handle the segment in the initial years for 2-3 years post which the industry will pick up on its own just like Maruti. He added that NITI Aayog and Ministry of Heavy Industries are already working on the plans to promote electric vehicles.

India’s energy consumption has grown by about 6.5% compounded annual growth rate (CAGR), he noted and also said “Through UJALA, the LED distribution programme, we have already seen about 500 million LED bulbs sold in the last two years. My job is to improve India’s energy efficiency to reduce consumption wherever it is wasteful and ensure that demand is met fully.” . Under the above scheme, one need to approach their EB office with their card and would get LED lamps at subsidised rates. The subsidy is been provided by the Central Government. 

Mr Goyal also said that the pricing of electric vehicle would be the driving factor and when people find it affordable, the sales would automatically pick up.

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