Automotive Industry is 7.1% of India’s GDP and about 50% of its manufacturing GDP. Transport Vehicles mainly in India are fossil fuel dependent and contributes 18% of the total energy consumption in India. (about 100 million tons of CO2 emissions annually). Government of India made promising commitment at COP21 submit held in Paris 2015 to reduce the emission by 33-35% by 2030 from 2005 levels. It predominately demands on electric mobility.
Environmental sustainability, energy storage, balancing energy demands are few perks that comes with electric mobility. Electric mobility will also bring energy security around the globe by complete reliance on the energy generation. Thanks to their storage capacity, they could help support the uptake of clean electricity, enabling greater use of variable renewable in electricity production. If coupled with the decarburization of the power sector, electric vehicles would also provide major contributions to keep the world on track to meet its shared climate goals.
Electric mobility comes with zero or ultra-low tailpipe emissions of local air pollutants and much lower noise, and, by being one of the most innovative clusters for the automotive sector, can provide a major boost to the economic and industrial competitiveness, attracting investments, especially in countries