India should aim for 100% electric two-, three-wheelers by 2028: Kant

Former Niti chief dwells on need for first-loss guarantees and blended finance to boost private capital flow; calls for installing 5 mn fast chargers, urges battery swapping and PLIs for localised mfg

India’s automotive industry should aim to achieve 100 per cent electrification in the two-wheeler and three-wheeler segments in the next five years, former Niti Aayog CEO Amitabh Kant said on Monday at the ‘National Dialogue on Emerging Trends in E-Mobility’, organised by the Council on Energy, Environment and Water (CEEW).

“This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electric two-wheelers and three-wheelers. Public mobility is the backbone of a civilised society. Focus should also be on e-buses,” said Kant who is also G20 Sherpa of India.

Talking about the need of