7 September 2018

Ahead of the Government of India’s first ever MOVE Summit, The Climate Group brought together Indian state and business leaders to highlight the opportunity for a future of electric mobility in India.

The high-level event  EV100 made clear the growing momentum for electric transport across both Indian government and industry.

Jarnail Singh, India Director, The Climate Group, said: “It is exciting to see senior leaders from corporations and governments coming together to craft a shared vision for India’s transportation ecosystem. With the Government of India backing our EV100 initiative, companies have renewed confidence in driving early adoption of EVs."

He added: "Prime Minister Modi’s stated intent of integrating renewable energy with EVs has further emboldened our vision towards a cleaner and healthier life for more than a billion people of India.”

Global leaders come together

At the event, a diverse group of leaders came together to share perspectives.

Describing the challenges, but also the huge opportunities, for electric mobility in India, Amitabh Kant, CEO, NITI Aayog said, “In India, the urbanisation process has just begun. Out of the 20 most polluting cities, 14 are in India so we need to provide a better quality of life to our citizens.  For this, India must take a major move forward in the EV direction. This will need huge amount of innovation and disruption, which needs to come from Indian entrepreneurs.”

Adding to this, Amory Lovins, Cofounder and Chief Scientist, Rocky Mountain Institute, emphasised the real opportunity for corporations to kickstart the transition. He stated that electric vehicles are not only a way to address air pollution in India, but also represent a powerful business strategy for future-oriented companies.

Representatives from Indian businesses Infosys, Gati and IKEA Group expressed enthusiasm for their role as companies leading the way on electric transport.

IKEA Group is a member of The Climate Group’s EV100 initiative, which brings together leading businesses committed to transition their fleets to electric vehicles and install charging infrastructure. Under this commitment, the furniture giant plans to transition 20% of its local delivery fleet for its new Indian store to electric vehicles. Also a member of RE100, led by The Climate Group in partnership with CDP, IKEA Group plans to install on-site solar rooftop panels on its Indian store to power its operations.

Another RE100 member, Infosys, shared that it is currently sourcing 43% of its electricity from renewable power sources. By sourcing renewables as well as transitioning to electric vehicles, businesses can ensure that their fleets are powered by clean energy.

Accelerating electric transport markets

Sharing insight about the supportive frameworks needed for a greater roll-out of EVs, Naveen Munjal, Managing Director, Hero Electric, said: “The industry requires the government to support on three fronts, one to educate and build public awareness amongst the public, two to provide a mandate for some sectors to switch to EVs, for example mandating e-commerce delivery to be 100 driven by EVs and three, not just monetary but through creation of a favourable ecosystem for faster uptake of EVs.''

Anil Srivastava, Transport Adviser, NITI Aayog, looked ahead to a future which may come a lot sooner than expected: “100 percent EV by 2030 is too far; it will happen much sooner.”

Indian businesses State Bank of India, BSES Yamuna Power Limited (BYPL) and Wipro Limited are all members of EV100. The three companies are committed to transition their own fleets to electric vehicles by 2030, sending a demand-signal to accelerate the roll-out of electric transport across India.

Ahead of the MOVE Summit, the Government of India’s National Institute for Transforming India, (NITI) Aayog, has officially endorsed EV100 as a crucial platform for driving corporate leadership on electric transport.

Read more about EV100 here.

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