October 15

Indian Businesses Seek Government Support To Meet 2030 Electric Vehicle Target

By Aditi Shah

Businesses in India are seeking government support to meet a target for at least 65% of all new vehicle sales to be electric by 2030, according to a CEO-led organisation of major companies worldwide which is leading the push.

More than 25 companies, including automakers Mahindra & Mahindra (MAHM.NS) and Volvo (VOLVb.ST), oil giant Shell (RDSa.L), and clean mobility startups, want India to set firm targets and frame policies to support the transition to electric vehicles (EVs), the World Business Council for Sustainable Development (WBCSD) said on Thursday.

This is the first collective push by companies in India to switch to clean mobility and comes weeks ahead of an United Nations’ climate change conference – seen as crucial to wringing out more commitments from governments to stop global warming.

Photo courtesy of khengsiong.

Source: Reuters (link opens in a new window)

Technology, Transportation
electric vehicles, SDGs, transportation