India invites China’s participation in plans to expand Electronic Vehicle market at home

To Subscribe

India invites China’s participation in plans to expand Electronic Vehicle market at home

India plans to achieve electric mobility by 2030 and welcomes Chinese industries participation and investment in the expansion of Indian Electric Vehicles (EV) market, NITI Aayog Principal Advisor Anil Srivatsava has said. Srivastava, who led an industry delegation from India and addressed summit forum 'Global Zero Emission and All Electric Vehicle' held from January 11-13, met Chen Qingtai, President of China EV100, and invited China's participation in India's ambitious plans to go for full electric mobility.

'He mentioned that for India's ambitious objective of achieving electric mobility by 2030, we see a very substantive role for the Chinese EV players,' a press release from the Indian Embassy here said. China EV100, a private electric vehicle association of over 200 leading Chinese electric mobility industries, is organising the 5th China EV100 Forum in Beijing. The government, as well as industry representatives from all over the world, attended the event.China is both the biggest manufacturer and the biggest market for cars globally. But the car sales fell in 2018 by about six percent to 22.7 million units for the first time in 20 years, sending shock waves across the industry.

Leading Indian auto-makers such as Maruti Suzuki, Tata, TVS, and industry associations such as Society of Indian Automobile Manufacturers (SIAM) and Automotive Component Manufacturers Association of India (ACMA) took part in the event. The Indian industry is looking for technologies related to DC motor, motor control systems, EV battery cells, the release added.