Union Minister of Road Transport & Highways and MSME, stated that India
will soon be the number one electric vehicle maker in the world. He assured
that within the next six months, lithium-ion batteries would be fully
manufactured in the country.
the recently held Amazon Smbhav Summit 2021, the Union Minister added that the Indian
government wants to support automakers in introducing flex-fuel engines in
India and is in final talks with auto manufacturers. He noted that India’s import
of crude oil is expected to double in the next 4-5 years and looking for efficient
alternative modes of energy is a must.
The Minister of
Road Transport & Highways affirmed that the high prices of EVs will reduce
in two years and will soon be competitively priced as petrol and diesel
vehicles. He stressed that the EVs manufactured in India should meet international
He also expressed
his wish to make the Indian automobile industry the number one manufacturing
hub in the world. For this reason, the government is encouraging ethanol,
methanol, bio-CNG, and electric, and is now working to introduce hydrogen fuel
cell (HFC) technology.
Minister also emphasised the diversification of agriculture in the direction of
energy and power sectors.
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