Welcome to 2023 from INTO INDIA.
This has to be the year to engage more with India, be there more, make connections, launch products and services, expand into new areas and more.
Just one example stood out for me over the break – EV sales.
Electric Vehicle sales have become a symbol of how fast India is changing.
Delhi has recorded the nation’s largest electric vehicle (EV) sales in the country among all the states/Union Territories. A total of 7,046 EVs were registered in Delhi in December 2022, witnessing an annual growth of 86%.
Since the launch of the EV policy Delhi had recorded registration of a total of 93,329 electric vehicles out of which, two-wheelers contributed nearly 55% of the total EV sales in 2022. The December 2022 sales of EVs have resulted Delhi reaching one step closer to its mission of achieving two-thirds of its targets which can be attributed to the “i3” model of Incentivisation, Innovation and Inclusion.
The Transport Minister of India, Mr. Kailash Gahlot stated Delhi to be the country’s EV capital with 2,300+ charging stations and 200+ batteries swapping stations in operation across the city.
On August 7, 2020, EV policy was launched in Delhi by prioritising two-wheelers and three-wheelers segments, with an aim of rapid adoption of electric vehicles contributing to 25% of all new vehicle registrations by 2024.
A campaign launched by the Chief Minister of Delhi, Mr. Arvind Kejriwal, “Switch Delhi” focuses on spreading awareness about the benefits of such vehicles in making Delhi clean and pollution free. The government is spending more than US$ 183 million (Rs. 1,500 crores) on the electrification of 56 depots for housing more than 10,000 buses by 2025.