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Electric vehicles to replace ICE models in India soon? EVs at Auto Expo 2023 hint of future transition: Report

With major participating brands like Hyundai, Maruti Suzuki, Kia, Toyota, and others showcasing electric vehicles, the Auto Expo 2023 seems to revolve around EVs, representing a possible future transition to EVs.

Electric vehicles to replace ICE models in India soon? EVs at Auto Expo 2023 hint of future transition: Report Image for representation

The Auto Expo opened with a bang on Friday in the nation's capital, featuring electric cars (EVs) from more than 70 domestic and foreign automakers. This year's Auto Expo is centered around electric vehicles, according to Japan's NHK World foreign programme. In the Indian market for passenger cars, Maruti Suzuki, a division of Suzuki Motor of Japan, holds the majority of the market.

According to the NHK World report, Suzuki Motor President Suzuki Toshihiro said electric vehicles have emerged as a viable option for vehicle owners and synthetic fuel and hydrogen Synthetic-age options in the automobile space. He also stressed the importance of thoroughly considering customers` needs, the report said.

Also read: Tesla Model S, Y, 3 get CHEAPER in US, Europe as sales take a hit, affecting growth

With India grappling with serious air pollution over the years, the Central government has planned to reduce vehicular pollution. As part of its plan of cutting down on vehicular pollution, the government will work on encouraging 30 per cent of vehicle owners to the percent of EVs by 2030. 

India`s car population of 1.4 billion is expected to expand even further, according to the NHK World report.Maruti Suzuki`s latest concept  EV was the main attraction at the event. The Sports Utility Vehicle (SUV) can travel 550 kilometres on a single charge and the manufacturer aims to, Thep for sale by 2025 in the Indian automotive market, the NHK World report claimed.

Other manufacturers in the Indian auto space, such as Tata Motors and South Korea`s Hyundai Motor Company, also showcased their EVs at the event. Earlier, New Delhi created history by achieving the highest ever state-UT-wise country's monthly electric vehicle sales.

As of December last year, New Delhi registered 7,046 electric vehicles with a year-on-year growth of 86 per cent. Since the launch of the percent policy, the UT registered 93,239 electric vehicles, of which two-wheelers contribute nearly 55 per cent of the total EV sales in the percent year 2022.

Transport Minister Kailash Gahlot, in a media address, said Delhi has always led from the front on the registration and sale of electric vehicles, making it the EV capital of the country and it is ready with the required private and public charging infrastructure with a total of 2300+ charging points and 200+ batteries swapping stations operating across the city. Delhi`s EV policy was launched on August 7, 2020, with 2-wheelers (2W) and 3-wheelers (3W) identified as the priority vehicle segment. 

(With ANI inputs)