India's First Electric Mass Mobility System Launched in Nagpur
Maharashtra’s chief minister Devendra Fadnavis has inaugurated India’s first multi-modal electric vehicle project at the Nagpur Airport Complex. The pilot project will have a fleet of 200 electric vehicles including taxis, buses, e-rickshaw and autorickshaws. All these electric-powered public transport vehicles will be fully owned by cab aggregator Ola. For the project Mahindra & Mahindra has manufactured 100 e2o electric taxis. Similarly, vehicles have been sourced from other manufacturers like Tata Motors, Kinetic, BYD and TVS, among others.
In addition, four electric charging station has also been built by Ola in various places of Nagpur including the Nagpur airport.
As per the NITI Aayog’s recent joint report with Rock Mountain Institute, adoption of electric and shared vehicles could help the country to save $60 billion in fuels while cutting down as much as 1 gigatonne (GT) of carbon emission by 2030
According to Mahindra & Mahindra, it has made a total investment to the tune of Rs600 crore in technology, products, and plants of e-vehicles. The company already has manufactured 2,700 e-vehicles which are running across India which are clocking around 14 million kms per day.
Ola has stated that it has invested Rs50 crore in the Nagpur initiative and has plans to further scale up its operations by investing $2 billion in e-vehicles across all cities of India. It has set an ambitious target of running one million electricity-powered vehicles on the Ola platform by 2020.
Month: Current Affairs - May, 2017