Vision for electric mobility in Eco Survey encouraging for EV makers: Industry

The vision for electric mobility highlighted in Economic Survey is encouraging for electric vehicle (EV) makers and will clear doubts amongst fence sitters and motivate them to come up with new energy products, according to industry players.

The Society of Manufacturers of Electric Vehicles (SMEV) said EVs finding a space in the Economic Survey for 2018-19 shows how crucial this industry is for India's economic and environmental condition.

"Government's thrust towards creating charging infrastructure would certainly clear doubts amongst fence sitters and motivate them to come up with new energy products," SMEV Director General Sohinder Gill said in a statement.

Expressing similar views, Lohia Auto Industries CEO Ayush Lohia said, "This vision of government towards electric vehicle is highly encouraging for the industry."
However, offering a different perspective, Indian Auto LPG Coalition Director General Suyash Gupta said: "We believe that any realistic target of increasing EV penetration to a sizeable amount in India doesn't happen before 2030 or even much later. This is why we have been exhorting the government to not to overlook the more readily available clean fuels that can be rolled out immediately and help India reduce its carbon emissions before EVs - if indeed- do become a reality."