PM to auto industry at National Electric Mobility Mission Plan 2020
Prime Minister of India, Manmohan Singh has asked car manufacturers in India to shift to electric technology at National Electric Mobility Mission Plan 2020, in order to to reduce India’s dependency for fuels like petrol and diesel, on foreign countries.
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%.