Global Mobility Summit: PM Modi pitches for investments in e-vehicles manufacturing

The Prime Minister pitched for investment in the manufacturing of electric vehicles and the required charging infrastructure. He stated that the common public transport must be the cornerstone of mobility.

Created On: Sep 8, 2018 11:47 ISTModified On: Sep 8, 2018 11:59 IST
PM Modi pitches for investments in e-vehicles manufacturing

Prime Minister Narendra Modi on September 7, 2018  unveiled a mobility road map that seeks investments in manufacturing electric vehicles and increased use of public transport for travel.

PM Modi also announced that the government will soon come out with a policy on electric vehicles (e-vehicles) and Alternative Fuel Technology to give a boost to e-mobility in India.

PM Modi was speaking at the first Global Mobility Summit - 'MOVE', while addressing an audience of global business leaders including Suzuki Motor Chairman Osamu Suzuki; Toyota Motor Chairman Takeshi Uchiyamada, ABB Chief Executive Ulrich Spiesshofer; and Bosch’s Volkmar Denner.

Mahindra & Mahindra Chairman Anand Mahindra, Hero MotoCorp Chairman Pawan Munjal and Bharat Forge Chairman Baba Kalyani were among the top Indian automobile industry leaders at the Summit.


The announcement came in the backdrop of demand from almost all domestic and international automakers for a policy roadmap on electric vehicles so that investments can be planned.

Even industry players including Suzuki and SAIC Motors appealed to the government to come out with incentive policies and accelerate construction of infrastructure, such as charging facilities.

Key highlighgts of PM Modi's speech at the Summit

PM Modi stressed that mobility is a key driver of the economy; better mobility reduces the burden of travel and transportation, and can boost economic growth.

The Prime Minister pitched for investment in the manufacturing of electric vehicles and the required charging infrastructure.

He stated that the common public transport must be the cornerstone of mobility.

He urged people to use public transport rather than private cars to help achieve the goal of congestion-free mobility. Congestion-free mobility is critical to check economic and environmental costs.

He emphasised on increasing the use of public transport also to focus beyond cars to fight climate-related menace.

Clean mobility is the most powerful weapon to fight climate change. A pollution-free clean drive, leading to clean air and better living standards for people, is all that is required for clean mobility.

The 7 Cs of PM Modi's vision

PM Modi's vision for the future of mobility in India is based on 7 Cs:

  • Common
  • Connected
  • Convenient
  • Congestion-free
  • Charged
  • Clean
  • Cutting-edge

New policy on e-vehicles

PM Modi also unveiled the Government's plan to launch a policy on e-vehicles to boost the sales of e-vehicles in next five years.

The new policy will seek to support automakers to raise production of battery-powered and alternate-fuel vehicles, as part of efforts to trim down the rising oil import bill.

Suzuki to test 50 e-vehicles in India in October, plans to launch in 2020

While speaking at the Global Mobility Summit 'MOVE' in New Delhi, Osamu Suzuki, Chairman of Japanese auto major Suzuki Motor Corporation, announced its plans to start road tests of its 50 EV prototype vehicles in India in October 2018 as a precursor to launch of EV in 2020.

The company has decided to launch EV in India around 2020 in cooperation with Toyota Motor Corporation. It will commence production of lithium-ion batteries, used in electric-vehicles, at its Gujarat plant in 2020.

Announcements made by global leaders at the Summit

Mahindra & Mahindra (M&M): The company suggested creating a universal application, a digital platform encompassing multi-modal mobility under a public-private partnership.

Toyota Motor Corporation: The company will make efforts for electrification of its vehicles in India, for which it is working with Suzuki to introduce EVs in the country.

Tata Motors: The company will continue to harness its core competence of bringing solution that country needs.

SAIC Motor Corporation Limited:  The company will bring its new energy vehicles in India through its arm MG Motors India. The company has announced investment of USD 500 million by 2020 in India.

Ford Global: The company is currently working on hybrid and electric vehicles and plans to introduce such vehicles in India soon.

Hyundai:  The company is looking to introduce vehicles with green technology in India.

Global Mobility Summit – ‘MOVE’

• India’s first-ever Global Mobility Summit – ‘MOVE’ was inaugurated by Prime Minister Narendra Modi in New Delhi on September 7, 2018.  The summit was organised by Niti Aayog.

• The main focus of the summit was to make Indian cities pollution free.

• It was aimed at revolutionising the way people travel in India, along with making mobility more connected, shared and seamless.

• It deliberated on five themes including electrification and alternative fuels, reinventing public transport, goods transport and logistics and data analytics and mobility.

• The summit witnessed participation from more than 2200 people from across the world including leaders from the government, industry, research organisations, academia, think tanks and civil society.


Video: Check out the latest current affairs of this week

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

Comment ()

Post Comment

7 + 3 =