There will be a number of Vice Chancellors, and Principals from various Colleges and schools. We are inviting them deliberately to sensitise them about necessity of EV, so that they can popularise E-Mobility amongst the youth through their campuses.
We are also launching a permanent platform for collaboration between EV Industry and Academia on this occasion under the leadership of some top academic leaders from NITI Aayog, UGC, AICTE, Association of Indian Universities, University Vice Chancellors, IIM Director and others who will also chalk out a national strategy for a continuous EV-Academia partnership and cooperation.
So, this is not one another conference on the EV sector. In this Conference the experts will talk about how E- Mobility is important to India’s Energy Independence in the next 25 years and how to make it a people’s movement.
If community focused, sustainable development is the need of the hour to combat climate change, then Electric mobility must be the cornerstone for the country’s sustainable future. EVs also address the twin issues of air pollution and energy security in many countries.
To encourage automakers to introduce flex-fuel engines in India the Government of India has also said that the lithium-ion batteries would be manufactured fully in the country in the next six months and India will become number one electric vehicle maker in the world in due course of time. The government aims to register 500,000 new vehicles in the next two years by 2024.
By 2030, the government has set a target of 30% electric vehicle penetration. The NITI Aayog has underlined aspirations that 70 percent of all commercial cars, 30 percent of private cars, 40 percent of buses, and 80 percent of two-wheeler and three-wheeler sales would be electric by the year 2030.
By the time India’s EV ambition could create a market worth Rs 14.42 lakh crore estimates a study by the CEEW. However, some major challenges still stand in the way of mass adoption of EV by the end user.
Various studies have shown that the EV transition has tremendous potential to contribute to economic growth as well. The global market for electric vehicles (EVs) is growing continuously at a compounded annualized growth rate (CAGR) of 21.7 per cent. It is expected to grow from 8.1 million units to 39.21 million units by 2030. Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME 2) program has already provided policy stability, but state-level programs will be needed to make the central government’s plan achievable.
No doubt, India’s development agenda is sustainable and inclusive, yet keeping in mind the exigent demands of its billion-strong population for socio-economic progress, and absolutely in line with the country’s strong commitment to achieving UN SDGs.
Apart from EV Industry and Academicians, we are also inviting students from various colleges and universities to sit and hear the views of the country’s leading experts to understand the technologies and trends that are propelling the growth of EVs as the most effective, environment friendly and cheaper alternative of public and private transport. In the Conference the experts will talk about how E- Mobility has the potential to change India’s face and future in the next 25 years, what are the hurdles, and how to remove them.
The EY-EV India Summit 2022 is an initiative to get all the stakeholders on a platform to ponder upon the critical discussions on technological and market related challenges and build a common vision towards achieving carbon neutrality.
