India to be World’s No 1 exporter of e-Vehicles: Minister

Indian Road Transport and Highways Minister Nitin Gadkari has said that the country is going to be the world’s No. 1 exporter of electric vehicles to countries like Nepal and Bangladesh. He was speaking after inaugurating the fifth EV Expo 2017 in the country’s capital New Delhi. The minister pointed out that If India’s Rs. Seven trillion oil import bill is reduced even by Rs. Two trillion, it will give jobs to around 20 million youth.

“There are more than 10 million people in India who are pulling goods and passengers manually. There is a huge opportunity to provide them e-vehicles. I urge e-vehicle manufacturers to maintain standards and Quality for a better and sustainable future of this industry. Instead of spending Rs 80 on petrol Rs 60 on diesel if the cost of running an e-vehicle is only Rs 8 and that too without pollution, many would buy it. I strongly feel that within next two years, e-vehicles would become really sought after mode of transportation,” Gadkari said.

EV Expo spread over 60,000 sq feet, is India’s prominent Electric Vehicle Showcase and is presenting the latest technological advancements and innovations in environment-friendly 2,3,4 wheeled electric vehicles, Automotive Parts, Components and Accessories, R&D, Charging stations, Products and services related to this sector.

“The fifth EV Expo holds special significance. With favourable Govt. policies and initiatives towards Electric Vehicles, we are at the starting point of a boom in demand and acceptance of all kind of electric-vehicles. Besides latest technology on display, next-generation vehicle launches are also lined up at the Expo,” said Rajiv Arora, Organiser of the Expo.

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