India’s prominent eco-friendly Electric Vehicle Technology Expo ’19th EV EXPO 2023‘ started to an enthusiastic response at Hall No. 11, 12 & 12A of Pragati Maidan, New Delhi. The 3-day event is showcasing the latest and technologically advanced, pollution-free 2, 3 & 4 wheeled e-vehicles, parts and accessories, charging solutions and technology from around 218 national and international companies.
The Expo was inaugurated by Sh. Nitin Gadkari, Hon’ble Union Minister of Road Transport & Highways through video link.
Addressing the gathering at the inauguration, Mr Gadkari thanked the organizers for organizing India’s Pioneer Electric vehicle Expo since 2015 and creating a platform for young entrepreneurs and startups to showcase their innovations and contribute towards making India self-reliant in the field of EVs.
He said that it’s very encouraging to interact with so many young stars from different startups who are manufacturing products such as e-bike, scooters, carts, e-rickshaws and other e-vehicles. There is a huge demand for small battery-operated electric vehicles in the market. India has the potential to become an exporter of these variants of EVs. He added that as per the Vahan database 34.54 lakh e-vehicles are already registered in India. India’s EV market is expected to grow to 1 crore annual sales by 2030 and create around 5 Crore jobs.
He added that an estimated that Rs 20 lakh Crore investment is needed in India for EV eco system until 2030. This is a big opportunity for OEMs, component and battery manufacturers and charging part operators. India has potential to become No. 1 EV maker in the World and we are committed to making India a self-reliant country in clean energy production and mass application.
He also added that the Govt. has also permitted retrofitting of existing polluting vehicles into Hybrid and fully electric vehicles. The regulations have been finalized and technology demonstrations done successfully. Govt. intends to shift public transport and logistics to electric vehicles.
The first day of the expo witnessed launch of several passenger and transport e-vehicles like e-scooters, e-bikes, L5 e-autos and e-loaders by various companies besides several technological innovations like energy-efficient differential, Tubeless wheels, batteries and charging solutions etc.
Spread over an area of 1,10,000 Sq ft, EV EXPO 2023 brings to the Electric Vehicle industry the opportunity to launch and showcase, see and understand the latest in electric vehicles, components, battery technology, accessories and Services for convenient and environment friendly transportation of passengers and goods. The event offers comprehensive market information, great business opportunity and a platform for networking amongst entrepreneurs, technology providers, manufacturers, green financing agencies, banks and industry associates.
Mr. Rajiv Arora, Organizer, EV EXPO 2023 and Mr. Anuj Sharma, Founder EV Expo expressed that they have been organising EV Expo since 215 and have seen the response growing every year. They feel encouraged by the support given by the Government who views EV Industry as a very important part of achieving its goal towards curbing carbon emissions, sustainable mobility and curbing import of fossil fuels by becoming self-reliant in EV technology- The future of mobility.
