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 AayogPrincipal Advisor Anil Srivastava 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 very substantive role for the Chinese EV players,” a press release from the Indian Embassy here said on Sunday.

China EV100, a private electric vehicle association of over 200 leading Chinese electric mobility industries, is organising the 5th China EV100 Forum in Beijing. The government as well as industry representatives from all over the world attended the event.

China is both the biggest manufacturer and the biggest market for cars globally. But the car sales fell in 2018 by about six per cent to 22.7 million units for the first time in 20 years, sending shock waves across the industry.

The drop is largely attributed to the continued slowdown of the Chinese economy, stringent measures to restrict new car sales to cut automobile pollution and the ongoing trade war with the US.

The most recent figures show that New Energy Vehicles (NEVs), a category which includes electric and hybrid models, has defied trend of slowdown, growing substantially over the past year, a recent BBC report said.

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