Experts: India has foundation and environment for EV eco speed-up

At a recently held webinar on the subject of on 'Future of E-Mobility in India: Strategies to Drive Demand', electrical vehicle experts have expressed to speed up electrical vehicles based mobility instead of fossil fuel powered vehicles. This webinar, a part of COP26 webinar series is flagged off by Ms Jan Thompson, UK Acting High Commissioner to India. The four day long discussions convened by TERI in partnership with British High Commission, New Delhi – in the run-up to its annual global conference, the World Sustainable Development Summit, scheduled from Feb 10-12, 2021. Mr Ken O'Flaherty, Regional Ambassador for Asia-Pacific and South Asia for COP26 said "Electric vehicles are already cheaper to run than ICE vehicles and they are expected to be cheaper to buy within the next few years. India has a great foundation, strong commitment, and suitable environment to develop its EV ecosystem further". "As hosts of COP26, the UK is trying to set a strong example with our legally binding targets to cut emissions by 2030 whilst growing our economy. We have cut coal use in the power sector from almost 40% in 2012 to 5% in 2018, and we will phase it out entirely by 2025." the Ambassador added. Mr Pietro Sferra Carini, Deputy Chief of Mission, Embassy of Italy emphasised the need for an integrated approach. He said, "The digitalization of electric grids will be essential to...