Strides Towards E Mobility; Govt Mulls Building 6,000 KM Of EV-Ready Highways On Golden Quadrilateral

Strides Towards E Mobility; Govt Mulls Building 6,000 KM Of EV-Ready Highways On Golden Quadrilateral

SUMMARY

This is planned over the next seven years to boost the adoption of e-mobility and deployment of e-buses

This initiative is envisioned as part of the proposed Vision 2030: PM Public Transport Sewa

The development of e-highways is expected to stimulate the growth of charging infrastructure, promoting the use of electric cars for daily commuting

The government is reportedly looking to build 6,000 KM of electric vehicle-ready highways on the Golden Quadrilateral in a bid to reduce fuel consumption and vehicular emissions via electrification of intercity public transport.

This is planned over the next seven years to boost the adoption of e-mobility and deployment of e-buses, ET reported.

The Golden Quadrilateral constitutes the longest national highway network in India, linking major industrial, agricultural and cultural centres. It forms a quadrilateral with Delhi (north), Kolkata (east), Mumbai (west) and Chennai (south) as the vertices.

This initiative is envisioned as part of the proposed Vision 2030: PM Public Transport Sewa. The development of e-highways is expected to stimulate the growth of charging infrastructure, promoting the use of electric cars for daily commuting.

To replace 800,000 diesel buses with electric ones over the next seven years, the government plans to deploy 2,00,000 electric buses for state transport undertakings (STUs), 5,50,000 for private operators, and 50,000 for schools and employee transportation by 2030. This aligns with the broader Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME) incentive program.

The electrification of highways will contribute to the expansion of charging infrastructure, encouraging more people to adopt electric cars for everyday travel.

In September 2022, the National Highway for Electric Vehicles (NHEV) initiated a technical trial run for electric vehicles on the Delhi-Jaipur Expressway as a component of the ease of doing business project.

Ashwini Kumar Choubey, Minister of Environment, Forests, and Climate Change in India, inaugurated the one-month technological trial run from India Gate in the capital city. The primary goal of this test drive is to assess the economic feasibility of the electric vehicle infrastructure along the 270 KM stretch between Delhi and Jaipur.

A notification dated December 21, 2022, also highlighted the absence of a specific policy for EV swapping stations on the Golden Quadrilateral Highway. Electric charging stations are to be provided by developers as part of the Wayside Amenities (WSAs). The National Highways Authority of India (NHAI) has already awarded 144 such facilities.

According to data released by the Federation of Automobile Dealers’ Association (FADA), electric vehicle sales in India surged by 49.25% year-on-year to 15,29,947 units in 2023. Several Indian EV startups, including Ather Energy, Altigreen, BluSmart, and Exponent Energy, are now offering sustainable mobility solutions. The Indian EV market, hosting both small and large startups, is projected to reach $15.3 Tn by 2027.

Recently, Ola Electric, poised for an IPO, became the first Indian electric two-wheeler (e2W) company eligible for the government’s production-linked incentive (PLI) scheme.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Strides Towards E Mobility; Govt Mulls Building 6,000 KM Of EV-Ready Highways On Golden Quadrilateral-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Strides Towards E Mobility; Govt Mulls Building 6,000 KM Of EV-Ready Highways On Golden Quadrilateral-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Strides Towards E Mobility; Govt Mulls Building 6,000 KM Of EV-Ready Highways On Golden Quadrilateral-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Strides Towards E Mobility; Govt Mulls Building 6,000 KM Of EV-Ready Highways On Golden Quadrilateral-Inc42 Media
Strides Towards E Mobility; Govt Mulls Building 6,000 KM Of EV-Ready Highways On Golden Quadrilateral-Inc42 Media
You’re in Good company