During the ongoing fourth Energy Transitions Working Group meeting under India’s G20 Presidency in Panaji, India’s G20 Sherpa, Amitabh Kant, emphasized the need for significant advancements in electric mobility.
He proposed that India should strive for complete electrification of two and three-wheelers by 2030, along with a target of 65% electric state public transport by the same year.
Kant highlighted the importance of a clear policy framework to achieve these goals and stressed that diesel and petrol vehicles are becoming obsolete, paving the way for electric vehicles.
He pointed out that globally, the electric car market has reached 10 million units, with 18% of new cars being electric. Noting that India’s approach to electric mobility would differ from that of the USA and Europe, Kant called for low-cost financing to support the adoption of electric vehicles and the development of a robust charging infrastructure through public-private partnerships.
He also underscored the significance of the automobile sector in India and warned that failing to embrace electric vehicles would hinder India’s potential to become a global automobile champion.