ENA Sectors 2025-01-03 14:02:56 <p><span style="font-size:14px"><strong>New Delhi, Jan 3 (KNN)</strong> In a significant move to address critical issues in the electric vehicle (EV) sector, stakeholders will convene with Commerce and Industry Minister Piyush Goyal today.</span></p> <p><span style="font-size:14px">The meeting will focus on infrastructure challenges, including charging and battery swapping, according to sources. Officials from the Department of Heavy Industries are expected to participate.</span></p> <p><span style="font-size:14px">Representatives from leading companies such as Tata Motors, Mahindra, Mercedes-Benz India, Hero MotoCorp, and others have been invited to the discussions, which underscore the governments commitment to fostering EV growth in India.</span></p> <p><span style="font-size:14px">Indias EV market is poised for exponential growth, with projections estimating one crore units in annual sales by 2030, creating five crore jobs, as per the Economic Survey 2022-23.</span></p> <p><span style="font-size:14px">However, despite the government's electric-vehicle policy introduced in March 2022, which offered duty concessions for manufacturing units with a minimum investment of USD 500 million, no company has yet availed these benefits.</span></p> <p><span style="font-size:14px">The policy aims to position India as a global EV manufacturing hub, attracting investments from renowned international manufacturers. Tata Motors currently leads the Indian passenger EV market, with models like the Nexon EV, Tiago EV, and Tigor EV dominating sales.</span></p> <p><span style="font-size:14px">Infrastructure remains a key hurdle for EV adoption. To address this, the government plans to install 10,763 public charging stations under the FAME-II scheme.</span></p> <p><span style="font-size:14px">The PM E-DRIVE initiative further supports electric mobility by funding 14,028 e-buses, over two lakh e-three-wheelers, and other EV categories.</span></p> <p><span style="font-size:14px">Union Minister for Heavy Industries HD Kumaraswamy reiterated Indias commitment to ensuring adequate charging infrastructure to facilitate the EV transition.</span></p> <p><span style="font-size:14px">This meeting follows a similar consultation in April 2022, attended by representatives from major manufacturers, including Teslas advisor and luxury brands like BMW and Audi. Such engagements highlight the collaborative efforts required to navigate challenges and realize Indias ambitious EV goals.</span></p> <p><span style="font-size:14px">The outcomes of todays meeting are expected to influence the strategic direction of Indias EV ecosystem, ensuring it aligns with the nations vision for sustainable and inclusive mobility.</span></p> <p><span style="font-size:14px"><strong><em>(KNN Bureau)</em></strong></span></p> 40494 https://knnindia.co.in/news/newsdetails/sectors/piyush-goyal-to-meet-ev-industry-about-charging-infrastructure-battery-swapping 2025-01-03 14:02:56 knnindia.co.in