India invites Chinese participation for EV expansion

India invites Chinese participation for EV expansion
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India plans to achieve electric mobility by 2030 and welcomes Chinese industries participation and investment in the expansion of Indian Electric Vehicles (EV) Market, NITI Aayog Principal Advisor Anil Srivastava has said. Srivastava, who led an industry delegation from India and addressed summit forum ′Global Zero Emission and All Electric Vehicle′ held from January 11-13, met Chen Qingtai, President of China EV100, and invited China′s participation in India′s ambitious plans to go for full electric mobility. He mentioned that for India′s ambitious objective of achieving electric mobility by 2030, we see a very substantive role for the Chinese EV players In his meeting with Chen, Srivastava said that given the market size of India and China together, there is huge cooperation potential for EV industries of both countries. He said EV industries of both countries should have more interaction and proposed to establish a formal interaction mechanism between an Indian EV Industry association, supported by NITI Aayog, and China EV100, which can meet periodically. He proposed to organise an industry meet of players of two sides in the first half of this year in Beijing or a suitable venue to explore cooperation possibilities between EV Industries of two countries.

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