India Aims For 100% Electric Cars By 2030

1 year ago by Eric Loveday 19

Mahindra Reva e2o

Mahindra Reva e2o

Electric cars haven’t been all that successful in India, but there’s a push to change that.

Although the Mitsubishi I MiEV has been in India since 2010, the growth of their EV and hybrid market has been slow

Although the Mitsubishi I MiEV has been in India since 2010, the growth of their EV and hybrid market has been slow

As Auto.NDTV explains:

“The success for electric cars in India has been largely elusive due to the lack of infrastructure and the high cost of acquisition, which has made these cars a rare sight on our roads. However, you might soon be able to get an electric car without burning a hole in your pocket.”

Recently, India’s Minister of Power, Coal, New and Renewable Energy, Piyush Goyal, released a statement on the government’s plan to provide a zero down payment option for electric cars. The goal of the plan is to make India a 100% electric car country by 2030.

Auto.NDTV explains the plan as follows:

“While the acquisition cost will be free, people can pay the installments out of the savings on petroleum products. The scheme will be self financing as per the minister and will not need any support from the government or any other kind of investment from other people.”

“…the move towards electric and hybrid vehicles will also help reduce fossil fuel dependency, which will help decline oil imports, leading to extensive monetary savings. As a result, the ministry is also working to see if the savings can be monetized to provide cheaper electricity for charging these cars.

Goyal hopes that additional electric car manufacturers will sell vehicles in India following the announcement of this new plan. Goyal sees outside automaker likes Nissan and Toyota getting into the mix.

The first formal meeting to discuss the plan  took place yesterday. Additional meetings will be required to iron out the details.

Source: Auto.NDTV

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19 responses to "India Aims For 100% Electric Cars By 2030"

  1. Just_Chris says:

    Makes sense for the government to push ev’s in India. It should improve air quality and reduce the government spending on fuel subsidies without leading to mass protests.

    1. telveer says:

      I believe they got rid of fuel subsidies, at least for petrol (aka gasoline) and diesel, and are even imposing a CO2 tax. Switching to EVs will save India valuable foreign exchange because they import bulk of their oil, which is a problem in itself, further compounded by a messy geopolitical situation in that neighborhood. All electric by 2030 is very ambitious (too ambitious, I would say) but where there is a will, there may be a way.

      1. drpawansharma says:

        We are always fond of a good value proposition. If government can ensure that it would not be surprising that India achieves 100% EVs by 2030.

  2. Dan says:

    Car penetration is quite low in India – in the single digits. They need to move higher up to buses which transport a large % of the population, and lower down to auto-rickshaws (aka tuk tuk) and motorbikes. New Delhi spent tens of billions of dollars on a massive subway system. That one single act probably eliminated more carbon by eliminating cars altogether than a switch to EVs.

  3. RexxSee says:

    What is USA doing meanwhile? Frack baby frack?

    1. Speculawyer says:

      We do have the $7500 tax-credit. We have CARB. And we have Tesla designing the best EVs on the planet. Let’s keep those things rolling.

      1. Aaron says:

        India, as well as many of the poorer Asian countries, have no pollution standards on their vehicles. No catalytic converters, no urea for diesel engines, etc. Pollution from vehicles is a serious and significant health problem.

        I’ve been to several of these countries, and the ground-level pollution from vehicles is astounding. No wonder private taxis in these countries always use their A/C with recirc.

  4. Brian says:

    How exactly do they plan on charging all these new EVs in India when pretty much the entire grid needs to be redone already with massive blackouts that are common place?

    1. RexxSee says:

      Massive solar growth since 2014

    2. Speculawyer says:

      Solar PV, Wind, nuclear, and their disgusting coal fleet.

    3. mr. M says:

      The solution is easy. Charge your EV, when no blackout is there.

      If the EV range is as high as you drive in 3 days, a 2 day blackout does you not worry. 😉

      1. Aaron says:

        Speeds in many of these countries (India included) are typically around 30 MPH maximum in the cities.

        Most intersections don’t even have traffic lights. To untrained eyes, it looks like madness. After being there for a while, you realize the pattern is “whoever gets there first wins”.

        While this sounds crazy, it works. It does, however, have a negative effect on how fast you can go, because you’re always having to watch for a slow truck or car that got there first, and you have to slow down.

        EVs thrive at such slow speeds. I bet you could easily get 100 miles of city range out of an i-MiEV at those speeds.

        1. Mister G says:

          I agree but who wants to drive a golf cart…the e20 and imiev are golf carts with air conditioning LOL A Tesla is a real EV that will sell with upper income Indians.

  5. Nanda says:

    I will believe this when it gets implemented. If not it might be just publicity stunt by the minister.

  6. Tman says:

    Many Indians don’t see this ever happening. Indian politicians are worse than their US counterparts when it comes to all talk and no action.

    First the Indian government has been slow to support EVs with enough incentives. and the recently launched EV incentives covered by a total budget of $125million and maxing out at

    $1050 for Hybrid Electrics,
    $1760 for Plugins, and
    $2060 for Battery Electrics

    is just too little to move the needle.

    Second, there are no compelling EVs in the marketplace. India’s sole EV, the Mahindra e20 is a caricature of a car. With a price of $13,000, it is priced similarly to ICE cars in the Compact SUV segment which is the hottest segment at the moment. Now if Mahindra can transplant the drivetrain into one of their many compact SUVs, it might start to become more compelling.

    Third, the sales ratio of EVs to total car sales is abysmal. Mahindra is selling approximately 500 e20s a year while India’s total car sales volume is at 2.5million annually, that’s .0002%. Most of the world markets with much better incentives and infrastructure excluding Norway are in the 1-2% mark.

    And Lastly the Indian power grid is too erratic to build confidence for EV drivers. You can’t rely on a vehicle when you only get a few hours of unpredictable electricity a day. though their grid is comprised mostly of Coal, it at least needs to be reliable and predictable to support a nationwide EV movement.

    All these points make this political pondering by the Power Minister all Pie in the Sky. that is Never going to Happen.

  7. QC says:

    What India has: pollution + sun & ocean winds
    What India doesn’t have: oil
    What India needs: electric cars

    1. Aaron says:

      India has oil, though not much. They do export small amounts of oil to neighboring countries.

  8. zll says:

    India should focus on making more bicycle lanes-not the kind roads where bicycles have to squeeze with cars, that is the best cost effective method in reducing oil consumption.

  9. Battery Bro says:

    India is one of the most price sensitive markets there is. The only variable which needs to be watched is one which describes the cost difference between equally powerful vehicles, one EV and one gas.