NEMMP 2020 spending begins in April 2015
NEMMP 2020 was launched in January 2013 by the previous government. Results from both fiscals (2015-16, 2016-17) will be crucial fro further support. National Mission for Electric Mobility (NMEM) emphasises on National energy security, offsetting adverse effect of vehicles on environment, and growth of domestic manufacturing ability.
The target is set at electric vehicle sales growth to 6-7 million a year by 2020. Direct subsidies will be offered for four and two-wheel electric vehicle purchases. Liquid fuel savings of 2.2-2.5 million tonnes is estimated by 2020. NEMMP 2020 is aimed at lowering vehicular emissions and decrease in carbon dioxide emissions. To attain set targets, Indian government will provide support over the next 5-6 years in regards to charging infrastructure, tech development, incentives and pilot projects. Earlier today, Mahindra launched an Electric Vehicle pilot project keeping in mind Indian government’s National Electric Mobility Mission Plan (NEMMP). The project uses four Maxximo electric vans to transport tourists from Shilpgram to Taj Mahal East Gate.
4th SIAM Bus and Special Vehicles show displays innovative and futuristic vehicles that could be seen on Indian roads soon. 2nd SIAM Automotive Logistics Conclave theme is ‘Multi Modal Solutions for Automotive Logistics’ and continues till 17th January. Speakers from the Indian Government (Ministry of Heavy Industries & Public Enterprises, Ministry of Railways and Ministry of Road Transport & Highways), Heads of the Logistics functions of Automobile Manufacturers (OEMs) and from Logistics Operators abroad will offer insights.
A seminar on ‘Interactive Workshop on Upcoming New Technology in Buses’ was hosted by SIAM alongside Association of State Road Transport Undertaking (ASRTU). State Road Transport authorities were in attendance.