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India Invests In Electric Vehicle Initiatives

Many will remember that in 2017 the appointed Indian Transport Minister, Nitin Gadkari, shocked the world with his outlandish claims for India to use 100% electric cars by 2030. The scale of the proposed operation was quickly questioned by Indian nationals as other countries (France and the UK), more familiar with combatting climate change, have set targets to eliminate conventional combustion engines ten years later than India, in 2040.

Original plans were then revised to ensure a more realistic course of action, focusing on the country’s two most popular forms of automobile. The new proposal aims to have only electric three-wheelers operating in the country by 2023, and only electric two-wheelers by 2025. To encourage the industry to get on board, the government have also introduced incentives for manufacturers to develop new Electric vehicles and components including the production of lithium-ion batteries and electric motor engines.

The revival of these plans comes partially after resistance from the already established automotive industry and understandable concern revolving around job losses, however, the Indian government have pushed these anxieties to one side after suggesting that they intend to soon become a "global hub of manufacturing of electric vehicles’’.

China is not only currently the world’s leading market in electric mobility, but it has the globe’s largest network of charging stations and is also the world's largest manufacturer of batteries. India’s plan to claim these impressive titles is very ambitious but perhaps worthwhile as in 2018, the sales of new Energy Vehicles in China hugely increased the countries over-all sustainability.

Several large companies who have a focus on Electric Vehicles such as Tesla, Audi, BMW, Mercedes-Benz, Nissan and Toyota are now turning to India as a new market to sell their products following the nations new interest in sustainable travel. Unfortunately, this has been hindered by the countries extremely high import charges, as recently publicised by Elon Musk on his personal Twitter account. The entrepreneur claims to have been waiting to ship its products to India since 2014.

The success of the electric vehicle revolution in India is constantly growing in importance as current discussions amongst the Government, related companies and consumers in India, fight to improve funding and social awareness around sustainable travel. Currently, the main focus appears to be on developing consumer interest in smaller towns within the content, as individuals living in these areas are more likely to own outside space to charge their vehicles than city dwellers.

If you'd be interested in acquiring the franchise rights to Green Motion India in order to get an early start in an ever developing, government-supported industry, then please contact [email protected] or visit the franchising information page on our website.