Latest Car News in India

Thursday, January 10, 2013

By Anil Jangid

PM urges auto industry to accustom electric technology pretty quickly

Manmohan Singh, the Prime Minister has urged the auto industry to adopt the electric technology quickly. The reason behind this is to cut down the reliance on the imported oil and supplement effort for a much environment-friendly transport system. The PM of India mentioned that it is extremely important for the country to make some efforts and cut down he transport sector’s enslavement on oil. The best way to reduce this reliance is by using electric vehicles, which also include hybrid vehicles as well.

Reva NXR Pictures

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This urge was mentioned during the unveiling of the National Electric Mobility Mission Plan of 2020. This Mission will have a whopping investment of more than Rs. 23,000 crore that would be shared equally by the auto industry and government.  Currently, India’s transport takes-up a huge amount of energy. More than 80% of India’s requirement of petrol products is met via imports. If we consume energy with this pace, the reliance on oil imports will be increasing in future. Soaring prices of oil globally add on considerably to the India’s import bill, and the day by day sky-rocketing petrol prices has caused a big black hole in the Indian Economy.

According to the new Mission Plan, 6 to 7 million electric vehicles with follow-on liquid fuel savings of about 2.2 to 2.5 million tones can be attained in 2020. The cleaner and much greener efforts will definitely make the transport system in the country easy and less expensive.

Reva NXG Pictures

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If we take in account at the present situation of the Auto Industry, car makers are not quite into the manufacturing of electric and hybrid vehicles. However, Mahindra and Mahindra had made an effort and brought Reva long time ago, which is a full electric car. Now Mahindra Reva E2O is expected to be launched in India very soon.

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