Wednesday, July 15, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Markets

Markets: EVs need low-cost financing framework, says Kant

Fiinews by Fiinews
July 21, 2023
in Markets
Reading Time: 2 mins read
A A
0
PIB.

Amitabh Kant.

0
SHARES
10
VIEWS
LinkedinShare on Twitter

Goa to mandate new e-vehicles for tourism sector from 2024, says CM Dr Sawant

Amitabh Kant, India’s G20 Sherpa, has stressed the importance of a low-cost financing framework, a robust charging infrastructure, and collaborative efforts among central, state, and city authorities, all underpinned by a consistent policy framework.

Stating this on 19 July 2023 at a conference titled “Policy Support & Enablers to Accelerate India’s Electric Mobility,” he underscored the need to sustain the momentum of electric mobility in India.

Kant emphasized the seven Cs framework for EVs – Common, Connected, Convenient, Congestion-free, Charged, Clean and Cutting-edge.

Kant has urged for the electrification of 100% of 2-wheelers and 3-wheelers, and 65-70% of buses by 2030.

The conference, was organized by NITI Aayog and supported by WRI India and Asian Development Bank on the side-lines of the fourth Energy Transition Working Group (ETWG) meeting under India’s G20 Presidency.

Chief Minister of Goa, Dr. Pramod Sawant, underlined his state’s commitment to eco-friendly transportation.

Starting from 2024, all new tourist vehicles in the state will be mandated to be electric, signifying a significant leap in Goa’s journey towards sustainable mobility, he said.

Additionally, permit holders overseeing multiple vehicles, including rental cars and bikes in Goa, have pledged to electrify 30% of their fleet through retrofitting by June 2024, contributing to the state’s electrification efforts.

Suman Bery, Vice Chairman of NITI Aayog, elaborated on the transformative potential of the Indian EV industry and its positive impact on both the economy and the environment.

He emphasized the role of electric mobility in accelerating India’s economic growth along low-carbon pathways and facilitating the nation’s net-zero vision for 2070.

The conference served as a crucial platform to convene national and international stakeholders, engaging in meaningful discussions and exploring viable financing, regulatory, and policy avenues to catalyze India’s decarbonization trajectory and advance the growth of electric mobility in the country.

The conference featured in-depth discussions revolving around key themes, such as ‘Develop Vibrant EV Ecosystem in States’ and ‘the National Electric Bus Programme.’ 

Moreover, high-level dialogues and G20 talks centered around Electric Vehicle Finance Innovations and the Future Electric Mobility Landscape offered valuable insights for stakeholders to navigate the evolving electric mobility ecosystem, said NITI Aayog. Fiinews.com

Tags: NITRI Aayog
ShareTweetShare

Related Posts

Anthropic
Markets

Market: LTM-Anthropic form Claude partnership

by Fiinews
July 15, 2026
0
18

Partners accelerate AI adoption and translate AI investments into measurable business LTM, the Business Creativity partner to the world's largest...

INVIDI
Markets

Market: INVIDI identifies massive Indian audience

by Fiinews
July 15, 2026
0
13

Collaboration between INVIDI and Google to deliver ads programmatically INVIDI Technologies, the global leader in addressable advertising, is collaborating with...

VinFast

Market: Indian family decides car purchase

July 15, 2026
19
Cibc India

Market: Hyderabad strengthens CIBC globally

July 8, 2026
15
Shilpa

Market: Shilpa to supply IV to Europe

July 8, 2026
16
Nukleus

Market: Nukleus expands in Noida Sector 62

July 7, 2026
17
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Meine develops fast-charging system
  • Export: LoI signed for India-Europe partnership
  • Market: LTM-Anthropic form Claude partnership
  • Market: INVIDI identifies massive Indian audience
  • Market: Indian family decides car purchase

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.