Saturday, January 12, 2013

National Electric Mobility Mission Plan Launched

The Hon'ble Prime Minister has unveiled the National Electric Mobility Mission Plan (NEMMP) 2020.

The Plan seeks to support the creation of necessary eco system for promoting electric mobility, a frontier technology, so as to make it a self-sustaining business in the future. The National Electric Mobility Mission Plan envisages new sales of 6-7 million units of a range of electric vehicles, which would result in liquid fuel savings of 2.2 – 2.5 million tonnes by 2020. This will also result in substantial lowering of vehicular emissions and decrease in carbon di-oxide emissions by 1.3% to 1.5% in 2020 as compared to a status quo scenario.

However with respect to the barriers in this sector government is aiming to adopt following measures which include - providing initial impetus through demand support measures that facilitate faster consumer acceptance of these expensive newer vehicles. In addition, the government will also facilitate automotive R&D and put in place charging infrastructure.

NMEM is amongst the most significant interventions of the Government that promises to transform the automotive paradigm of the future by lessening the dependence on fossil fuels, increasing energy efficiency of vehicles and by providing the means to achieve ultimate objective of cleaner transportation that is compatible with sustainable renewable energy generation. This Intervention will also help encourage the Indian Automotive Industry to shift to newer, cleaner technologies so that it builds its future competitive advantage around environmentally sustainable products, high end technologies, innovation and knowledge.

The implementation and roll out of the NEMMP 2020 will be done through various specific schemes, interventions, policies that are currently under formulation and will be considered by the Government in the near future.

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