Kolkata aims for major electric vehicle shift by 2030
POWER & RENEWABLE ENERGY

Kolkata aims for major electric vehicle shift by 2030

According to the Kolkata Comprehensive Electric Mobility Plan, jointly prepared by the Asian Development Bank and Niti Ayog, a significant portion of the city's vehicles will transition to electric vehicles (EVs) in the next decade. The plan aims to achieve a major penetration of EVs in Kolkata by 2030, resulting in a notable decrease in carbon dioxide emissions.

Niti Ayog has set specific targets for different vehicle categories in order to accomplish this goal. The plan envisions that 50 per cent of two-wheeler sales in Kolkata will be electric, while three-wheelers will achieve 100 per cent electrification.

For private four-wheelers, the target is to attain a 15 per cent market share for EVs, while commercial four-wheelers are expected to reach a 30 per cent market share. If these targets are met, it is estimated that around 2.8 million tonnes of carbon emissions will be reduced.

The report highlights the tremendous growth potential of EVs in Kolkata. Currently, the city has approximately 3,500 electric vehicles, but this number is projected to exceed 355,000 by the end of 2030.

The total expenses associated with this transition, considering sales projections, are estimated to be over Rs 30.08 billion. However, the operational savings from adopting EVs are predicted to surpass Rs 145.29 billion. Additionally, an investment of Rs 7480 million will be required to establish the necessary charging infrastructure.

Kolkata has already made significant progress in adopting EVs, with a nearly four-fold increase in EV registrations from 2021 to 2022. This growth has been primarily driven by electric two-wheelers, accounting for 64 per cent of registrations, followed by four-wheelers at 35 per cent.

Snehasis Chakraborty, the state transport minister, praised the report for recognising the efforts of the Bengal government in promoting EVs. He emphasised the collaborative endeavors across various departments to achieve the shared objective of zero-emission, climate-resilient transportation.

According to the Kolkata Comprehensive Electric Mobility Plan, jointly prepared by the Asian Development Bank and Niti Ayog, a significant portion of the city's vehicles will transition to electric vehicles (EVs) in the next decade. The plan aims to achieve a major penetration of EVs in Kolkata by 2030, resulting in a notable decrease in carbon dioxide emissions.Niti Ayog has set specific targets for different vehicle categories in order to accomplish this goal. The plan envisions that 50 per cent of two-wheeler sales in Kolkata will be electric, while three-wheelers will achieve 100 per cent electrification.For private four-wheelers, the target is to attain a 15 per cent market share for EVs, while commercial four-wheelers are expected to reach a 30 per cent market share. If these targets are met, it is estimated that around 2.8 million tonnes of carbon emissions will be reduced.The report highlights the tremendous growth potential of EVs in Kolkata. Currently, the city has approximately 3,500 electric vehicles, but this number is projected to exceed 355,000 by the end of 2030.The total expenses associated with this transition, considering sales projections, are estimated to be over Rs 30.08 billion. However, the operational savings from adopting EVs are predicted to surpass Rs 145.29 billion. Additionally, an investment of Rs 7480 million will be required to establish the necessary charging infrastructure.Kolkata has already made significant progress in adopting EVs, with a nearly four-fold increase in EV registrations from 2021 to 2022. This growth has been primarily driven by electric two-wheelers, accounting for 64 per cent of registrations, followed by four-wheelers at 35 per cent.Snehasis Chakraborty, the state transport minister, praised the report for recognising the efforts of the Bengal government in promoting EVs. He emphasised the collaborative endeavors across various departments to achieve the shared objective of zero-emission, climate-resilient transportation.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->