New Delhi:The government intends to have EV sales penetration of 30 per cent for private cars, 70 per cent for commercial vehicles and 80 per cent for two and three-wheelers by 2030 as there is an immediate need to decarbonize the transport sector, Union minister Nitin Gadkari said on Friday.
Gadkari further said if electric vehicles penetrate to 40 per cent in the two-wheelers and cars segment and close to 100 per cent for buses by 2030, India would be able to reduce crude oil consumption by 156 million tonne worth Rs 3.5 lakh crore.
"There is an immediate need to decarbonize the transport sector and make it sustainable with the economy, ecology, and environmental point of view," he said while addressing an event organised by industry body FICCI virtually.
"The government intends to have EV sales penetration of 30 per cent for private cars, 70 per cent for commercial vehicles, 40 per cent for buses, and 80 per cent for two and three-wheelers by 2030," he added.
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