SIAM aims for a 'complete shift' to electric vehicles by 2047

Image
IANS New Delhi
Last Updated : Dec 20 2017 | 11:05 PM IST

The Society of Indian Automobile Manufacturers (SIAM) on Wednesday outlined its plans for a "complete shift to electric vehicle regime" by 2047.

Outlining its plan in a "White Paper on Electric Vehicles" submitted to the Central government, the SIAM said that this is in line with the government's vision of 100 per cent electric vehicles for public mobility and 40 per cent for personal mobility by 2030.

"To ensure smooth phasing in of pure electric vehicles and to sustain the transition to cleaner fossil fuel vehicles, the IC (internal combustion) engine upgradation must continue over the next decade or so," SIAM said in a statement.

"Progressively cleaner fossil fuel vehicles would be an essential stepping stone in this journey towards hundred percent electric vehicle regime."

--IANS

rv/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 20 2017 | 11:00 PM IST

Next Story