Investing in electric mobility

R&D will help lower import dependence

India’s aim to achieve a 45 per cent reduction in emission intensity by 2030 and cut emissions to net zero by 2070 hinges, to a large extent, on its ability to embrace electric mobility. The country has already positioned itself as one of the fastest-growing electric vehicle (EV) markets globally. To improve the position, the Principal Scientific Advisor to the Government of India recently released a detailed report on augmenting research and development (R&D) strategy for e-mobility. The report calls for wider adoption of EVs, with manufacture of indigenous energy storage systems, generation of renewable energy to