ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

 India generates 81% lithium-ion batteries for EVs: Nitin Gadkari
ROADS & HIGHWAYS

India generates 81% lithium-ion batteries for EVs: Nitin Gadkari

Nitin Gadkari, Minister of Road Transport and Highways told the media that India has been manufacturing 81% of lithium-ion batteries for electric vehicles (EVs) in the country.

He told the media that there has been a considerable increase in electric vehicles in India. From 24,600 in 2020, to currently more than 49,500.

Gadkari also said that many startups are also working on alternate battery technologies.

The Minister told the media that the government would decrease imports and in the next two years, the clean fuel use, alternative fuel, and bio-fuel would increase in the country.

John Brittas, a CPI-M member, asked regarding the model policy to promote EVs of the centre and Gadkari answered that the Goods and Services Tax (GST) rate for EVs is just 5%.

He said that green hydrogen is the fuel for the future and is also being used across Europe.

Jairam Ramesh, a Congress lawmaker, questioned if the Centre plans to phase out petrol and diesel vehicles, to which Gadkari answered that the government has introduced a scrapping policy to undertake this issue.

Gadkari said that the transformation towards EVs would be a natural preference of people as it is beneficial financially and good for the environment as well.

He said that he does not want to commit to any target towards the phase-out but the scenario would change in the upcoming three years.


Also read: Gadkari launches green hydrogen-based FCEV Toyota Mirai

Nitin Gadkari, Minister of Road Transport and Highways told the media that India has been manufacturing 81% of lithium-ion batteries for electric vehicles (EVs) in the country. He told the media that there has been a considerable increase in electric vehicles in India. From 24,600 in 2020, to currently more than 49,500. Gadkari also said that many startups are also working on alternate battery technologies. The Minister told the media that the government would decrease imports and in the next two years, the clean fuel use, alternative fuel, and bio-fuel would increase in the country. John Brittas, a CPI-M member, asked regarding the model policy to promote EVs of the centre and Gadkari answered that the Goods and Services Tax (GST) rate for EVs is just 5%. He said that green hydrogen is the fuel for the future and is also being used across Europe. Jairam Ramesh, a Congress lawmaker, questioned if the Centre plans to phase out petrol and diesel vehicles, to which Gadkari answered that the government has introduced a scrapping policy to undertake this issue. Gadkari said that the transformation towards EVs would be a natural preference of people as it is beneficial financially and good for the environment as well. He said that he does not want to commit to any target towards the phase-out but the scenario would change in the upcoming three years. Image Source Also read: Gadkari launches green hydrogen-based FCEV Toyota Mirai

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement