04-01-2022 10:38 AM | Source: Accord Fintech
India registers 162% growth in EV sales: Nitin Gadkari
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Union Minister for Road Transport & Highways, Nitin Gadkari said that India has registered overall 162 per cent growth in the sales of electric vehicles as on March 13, 2022. He stated that a total 10,95,746 electric vehicles were registered in India with 1,742 charging stations operable as on March 13, 2022. He said on a year-over-year basis, the sales have risen. He highlighted that the category-wise, two-wheeler sales have increased by more than five times at 423 per cent, three-wheelers by 75 per cent, four-wheelers by 238 per cent and buses by 1,250 per cent.

Further, talking about the battery swapping policy, he said out of total, around 85 per cent Lithium Iron battery is being manufactured in India.  He mentioned ‘We have fixed standard in battery. If any manufacturer is not doing as per the fixed standard, action will be taken against them.’  Moreover, he asserted that for charging electric vehicles, government priority is to use green energy.

Besides, he said ‘the government's policy is to entertain all new research, giving opportunity to new startup, by which we can establish appropriate technology which is more convenient and economically viable for the consumers.’ He also said ‘The NHAI is developing charging and amenities at every 40 km and we are trying to use solar and wind power for that.’