‘Aim to have 30% of 2030 car sales as EVs’
The Hindu
Widespread adoption of EVs can cut oil imports by ₹3.5 lakh cr., says Gadkari
The government aims to have EV sales accounting for 30% of private cars, 70% for commercial vehicles and 80% for two- and three-wheelers by 2030 as there is an immediate need to decarbonise the transport sector, Union Minister Nitin Gadkari said on Friday.
Mr. Gadkari further said if electric vehicles expand to 40% in the two-wheeler and car segments and close to 100% for buses by 2030, India would be able to cut crude oil consumption by 156 million tonnes, worth ₹3.5 lakh crore.
“There is an immediate need to decarbonise the transport sector and make it sustainable from the economy, ecology, and environmental point of view, he said, addressing an event organised by FICCI virtually.
February 2025 saw a 2% increase in passenger vehicle sales in India, with upcoming festivals expected to boost demand.
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