PM to auto industry at National Electric Mobility Mission Plan 2020

The Indian auto industry is close to devoid of electric and hybrid vehicles. Along with rising fuel costs, due to imported oils, Indians are also subjected to high levels of pollution across major cities. To keep this under check, at the National Electric Mobility Mission Plan 2020, Prime Minister of India, Manmohan Singh has urged the auto industry to concentrate on development of electric technologies.

Singh, while unveiling National Electric Mobility Mission Plan 2020 stated that efforts should be made to reduce transportation sector’s dependence on oil and only way to go about this was to adopt full range electric vehicle technologies and hybrid vehicles. National Electric Mobility Mission Plan 2020 involves an investment of over Rs 23,000 crores which will be shared between Government of India and the auto industry.

Singh also stated that dependence on imports of petroleum products should be reduced. As on date, 80% of the country’s requirements of petroleum products are met through imports which are putting considerable strain on the country’s economy. National Electric Mobility Mission Plan envisages sales of 6 to 7 million units of electric vehicles, which will result in fuel savings of 2.2 to 2.5 million tonnes by 2020. It will also result in lowering auto emissions and decrease in CO2 emissions by 1.3 to 1.5%.

Source: IndiaNewsDiary