Govt aims 30% electric vehicle sales for private cars by 2030
ROADS & HIGHWAYS

Govt aims 30% electric vehicle sales for private cars by 2030

Minister of Road Transport and Highways Nitin Gadkari told the media that the Indian government aims electric vehicle (EV) sales by 30% for private cars, 40% for commercial vehicles and 80% for two and three-wheelers by 2030 because there is an immediate need to decarbonise the transport industry.

He added that if EVs expand to 40% in two-wheelers or car segments and about 100% for EV buses by 2030, the crude oil consumption in India will reduce by 156 million tonnes of Rs 3.4 lakh crore.

He said that there is an immediate need to decarbonise the transport industry and make it sustainable from the economic and environmental points of view.

The government targets to have EV sales of 30% for private cars, 70% for commercial vehicles, 40% for buses and 80% for two and three-wheelers by 2030. The Ministry of Road Transport and Highways (MoRTH) told the media that the NITI Aayog had inspired 25 states to come up with EV policies, and among all, 15 have already announced state EV policy.

Gadkari wanted to make the automobile sector in India rank number one in five years. He also said that India does not have a shortage of lithium ions used for making EV batteries in India.

The minister said that a pilot project had been planned to set up an electric highway between Delhi-Mumbai expressway to ease the movement of heavy-duty trucks and passenger buses on electricity.

The ministry is also working on the development of an efficient and affordable public transport system.

Image Source

Also read: TVS Motor and Tata Power ink pact for e-2W charging infra

Minister of Road Transport and Highways Nitin Gadkari told the media that the Indian government aims electric vehicle (EV) sales by 30% for private cars, 40% for commercial vehicles and 80% for two and three-wheelers by 2030 because there is an immediate need to decarbonise the transport industry. He added that if EVs expand to 40% in two-wheelers or car segments and about 100% for EV buses by 2030, the crude oil consumption in India will reduce by 156 million tonnes of Rs 3.4 lakh crore. He said that there is an immediate need to decarbonise the transport industry and make it sustainable from the economic and environmental points of view. The government targets to have EV sales of 30% for private cars, 70% for commercial vehicles, 40% for buses and 80% for two and three-wheelers by 2030. The Ministry of Road Transport and Highways (MoRTH) told the media that the NITI Aayog had inspired 25 states to come up with EV policies, and among all, 15 have already announced state EV policy. Gadkari wanted to make the automobile sector in India rank number one in five years. He also said that India does not have a shortage of lithium ions used for making EV batteries in India. The minister said that a pilot project had been planned to set up an electric highway between Delhi-Mumbai expressway to ease the movement of heavy-duty trucks and passenger buses on electricity. The ministry is also working on the development of an efficient and affordable public transport system. Image Source Also read: TVS Motor and Tata Power ink pact for e-2W charging infra

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement