“There is a need to develop a new comprehensive strategy for road transport that can accelerate the EV transition by 2030,” Kant wrote in a post on X.
He also mentioned that this transformation should focus on fully electrifying India's 50 most polluted cities by 2030.
“This could lead to savings of $10 billion by 2030 and create millions of jobs, positioning India as a global EV manufacturing leader,” the G20 Sherpa said.
Kant also shared an article written by him with the post, in which he mentioned that the first step should be to electrify two-wheelers, three-wheelers, light commercial vehicles and buses, as they are major contributors to tailpipe emissions.
He said, "These cities alone account for more than 40 percent of the country's vehicle registrations. If these cities achieve 100 percent electrification of new vehicle sales by 2030, India will be on the way to rapidly reducing its oil needs." will be on."
According to the World Air Quality Report 2023, India is among the top three countries with the highest PM2.5 levels and 42 cities in the top 50 with the worst air quality.
As Kant noted, transportation emissions play a significant role, accounting for 14 percent of energy-related CO2 emissions in India and contributing heavily to PM2.5, PM10 and NOx emissions.
He said the EV market in the country is currently valued at $5.61 billion (2023) and is projected to reach $50 billion by 2030, potentially creating at least 5 million direct and up to 50 million indirect jobs.
He also mentioned that this transformation should focus on fully electrifying India's 50 most polluted cities by 2030.
“This could lead to savings of $10 billion by 2030 and create millions of jobs, positioning India as a global EV manufacturing leader,” the G20 Sherpa said.
Kant also shared an article written by him with the post, in which he mentioned that the first step should be to electrify two-wheelers, three-wheelers, light commercial vehicles and buses, as they are major contributors to tailpipe emissions.
He said, "These cities alone account for more than 40 percent of the country's vehicle registrations. If these cities achieve 100 percent electrification of new vehicle sales by 2030, India will be on the way to rapidly reducing its oil needs." will be on."
According to the World Air Quality Report 2023, India is among the top three countries with the highest PM2.5 levels and 42 cities in the top 50 with the worst air quality.
As Kant noted, transportation emissions play a significant role, accounting for 14 percent of energy-related CO2 emissions in India and contributing heavily to PM2.5, PM10 and NOx emissions.
He said the EV market in the country is currently valued at $5.61 billion (2023) and is projected to reach $50 billion by 2030, potentially creating at least 5 million direct and up to 50 million indirect jobs.