HomeIndustryAutomotiveIndia to Launch EV Policy: Narendra Modi

India to Launch EV Policy: Narendra Modi

Clean and sustainable are the two words which will define mobility in the near future, stated Prime Minister Narendra Modi.

Most automotive manufacturers and countries too have begun putting in efforts in the right earnest towards mobility which is electric/makes use of alternative fuel. The situation in India is a little different, though. While many countries have a proper road map made especially for electric vehicles, India is yet to get one.

In fact, Prime Minister Narendra Modi has categorically mentioned that the government will come out with a detailed and thorough EV policy and road map soon. However, the PM did not mention a timeline as to when the formal policy on EVs will be ready and put into action, reported NDTV in a recent report.

He informed that India will soon put in place a stable policy-regime around electric and other alternative fuel vehicles. Supporting it further he stated that policies will be designed as a win-win for all, and enable huge opportunities in the automotive sector.

“Clean mobility powered by clean energy is our most powerful weapon in our fight against climate change,” PM Modi said at an industry event in New Delhi. “We should champion the idea of ‘clean kilometres’.”

The policy will focus on vehicles which run on alternate fuel along with electric vehicles too. The policy will look to encourage vehicle and component manufacturers to increase production and sale of vehicles which run on electricity and alternate fuels such as bio-diesel, CNG etc.

ELE Times Research Desk
ELE Times Research Deskhttps://www.eletimes.ai
ELE Times provides a comprehensive global coverage of Electronics, Technology and the Market. In addition to providing in depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build awareness, drive traffic, communicate your offerings to right audience, generate leads and sell your products better.

Related News

Must Read

Keysight Addresses Cross-Domain Physics Issues That Leave Electronic Designs Vulnerable to Late-Stage Failure

Keysight Technologies (NYSE: KEYS) today announced Keysight Multiphysics, a...

India Develops Indigenous Expendable Turbojet Engine for Future Missile System

In a breakthrough that will power the nation's aspirations...

STMicroelectronics Reports 26% Rise in Revenue, Bets Big on AI Data-centre Markets

According to STMicroelectronics, net revenues for the second quarter...

Rohde & Schwarz Presents New Software for Three-Phase Power Analysis on MXO Series Oscilloscopes

Rohde & Schwarz has introduced the new R&S MXO-K333 software...

DCP 800: Bosch expands its diesel testing technology range with a new pump test bench

Bosch is expanding its portfolio for diesel components with...

A New Wave of Chip Making, Phase 2 on the India Semiconductor Mission

The second phase of the India Semiconductor Mission has...

Tata Electronics to Manufacture India’s First Large-Scale Chip Factory

Tata Electronics, a group company under the $103 billion...

STM32U3B5/C5 With 2 MB of Flash and HSP, The 1st ULP STM32 to Run AI Without Batteries

The STM32U3B5/C5 are the first STM32U3 devices featuring 2 MB of...

India-UK Trade Agreement Opens New Opportunities for Electric Vehicle Industry in India

The effective implementation of India-UK Comprehensive Economic and Trade...