Ketan Mehta, Jeetender Sharma and Nitin Gadkari at the India Today Conclave 2021Union Minister for Road Transport & Highways Nitin Gadkari has said he aims to make India ‘Atma Nirbhar’ in electric vehicle batteries in the coming years. Gadkari, who was at the India Today Conclave 2021, also stated that by 2030, 80 per cent of two-wheelers and 30 per cent of private vehicles will be electric. He added that he wants to make India’s automobile sector the top-most in the world.
Speaking at the Game Changers: Climate Action session at the India Today Conclave 2021 on Friday, along with Okinawa Autotech founder and MD Jeetender Sharma and Hop Electric Mobility Founder & CEO Ketan Mehta, Gadkari stated that the biggest problem India is facing today is rising pollution levels and the economy. He stated that with petrol and diesel being widely used, the import bill currently is at Rs 8 lakh crore, which is likely to increase to Rs 25 lakh crore in the next five years. Hence, electric vehicles (EVs), which will ensure a lower import bill, lesser pollution, and indigenous production, is the solution.
He said that not only in India, EV sales have increased 140 per cent globally from the previous year. “Intelligent manufacturing capability, young manpower, avail of material, reducing production cost, not compromising on quality... sky is the limit,” he said while elaborating on his plans for the EV sector in India.
The minister said that by 2030, 30 per cent private cars will be electric, 70 per cent commercial vehicles will be electric, 40 per cent buses will be electric, and 80 per cent two-wheelers will be electric.
Gadkari also spoke of another alternative to petrol and diesel -- ethanol. He said that like Brazil, all cars in India too would have flex engines gradually. He said that the petrol is some Rs 110 per litre now and ethanol is Rs 65. Even with ethanol’s lower calorific value -- 800 ml petrol is equal to 1 litre petrol -- the consumer stands to save Rs 20. “In the coming years, there will be ethanol pumps everywhere. Our farmers are already working on it. Ethanol will be a pollution-free fuel and will also cost you less,” he said.