India & China Plan To Collaborate In Electric Vehicle Space

In Clean Talk, Environment, Events, News, Products, Technology

China and India, the world’s two largest greenhouse gas emitters, are keen on joint ventures in manufacturing electric vehicles as companies from both countries held talks at a three-day event in Beijing which concluded on Sunday, January 13.

According to McKinsey, China has emerged as the leader both in the supply of and demand for electric vehicles. However, some Chinese firms believe India will surpass China in terms of demand for these vehicles.

India’s leading automakers such as Maruti Suzuki, Tata, TVS and industry associations participated at the 5th China EV100 Forum in Beijing where e-vehicle manufacturing firms from across the world were present.

The three-day event was organised by China EV100, a private electric vehicle association of over 200 leading Chinese electric mobility industries.

China’s leading electric vehicle company, Sunra, sees India emerging as the world’s biggest market for electric bikes.

India is committed to global environmental commitments and will encourage the development and adoption of clean energy and new energy transportation. Chinese electric vehicles companies can pay a substantive role in helping India achieving its ambitious goal of electric mobility by 2030.

The take away from the event was “India is an important country for Chinese electric vehicle players and so Chinese industries’ should invest in Indian market.”

Reference- TOI, Business Standard

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