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Government approves plan to promote hybrid vehicles
Wednesday August 29, 2012 10:37:58 PM,
IANS
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New Delhi: The
government Wednesday approved a project for the promotion of
environmentally-friendly electric and hybrid vehicles, at a total
cost of Rs.23,000 crore ($4 billion) which will be invested over a
period of eight years.
"The first meeting of the National Council for Electric Mobility (NCEM)
has adopted the National Electric Mobility Mission Plan 2020 (NEMMP
2020)," Vikram Gulati, director in the ministry of heavy
industries and public sector enterprises, told IANS.
"The NEMMP is a vision document that envisages promotion of
electric and hybird vehicles in the country in the next eight
years," he said.
"NEMMP 2020 objectives are meant to be achieved by state help that
includes provisions for setting up of a manufacturing units,
acquisition of technologies, setting up of infrastructure and
demand creation," Gulati said.
According to Gulati, a total amount of Rs.20,000-23,000 crore has
been envisaged for the NEMMP 2020 which also includes private
investments.
The document envisages penetration of 60-70 lakh electric and
hybrid vehicles, including passenger cars, two-wheelers, trucks
and three-wheelers by 2020.
Currently the electric and hybrid vehicles have less than one
percent of the overall 17 million units per annum automobile
market in the country.
Cost savings by the way of mitigating the use of fossil fuels is
estimated to be triple the actual amount invested in the scheme.
The vision document also envisages close government and industry
collaboration in rolling out initial projects. The NEMMP 2020 is
part of the automotive mission plan (AMP) 2016 under the national
mission for electric mobility.
Gulati said that the ministry will soon finalise several schemes
under the NEMMP 202 which will then be sent for a final approval
of the government.
"The vision document will now be converted into schemes and will
be sent for final government approvals. We expect the process to
take a minimum of three-six months," Gulati said.
Automobile manufacturers such as passenger car major Maruti
Suzuki, Tata Motors, Hyundai Motor, General Motors, Toyota
Kirloskar Motor and Mahindra and Mahindra are already working on
vehicles powered by electric and hybrid technologies.
Even two-wheeler manufacturers like Hero MotoCorp and TVS Motor
had shown hybrid models of their scooters at the Delhi Auto Expo
held earlier this year.
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