India : Cabinet approves Transformative Mobility and Battery Storage mission

The Mission will finalise the details of PMP for Electric Vehicle ecosystem and drive its implementation

The Union Cabinet has approved the National Mission on Transformative Mobility and Battery Storage.

An official statement said, “The Mission will have an Inter-Ministerial Steering Committee chaired by Chief Executive Officer (CEO), NITI Aayog to promote clean, connected, shared, sustainable and holistic mobility initiatives. The Mission will also launch the Phased Manufacturing Programmes (PMP) for Batteries and for Electric Vehicle components.”

The National Mission on Transformative Mobility and Battery Storage will finalise and implement strategies for transformative mobility and Phased Manufacturing Programmes (PMP) for electric vehicles, their components and batteries.

The Mission will finalise the details of PMP for Electric Vehicle ecosystem and drive its implementation. The details of the value addition that can be achieved with each phase of localisation will be finalised by the Mission with a clear ‘Make in India’ strategy for EV components as well as battery technologies, the statement said.

A phased roadmap to implement battery manufacturing at giga-scale will be an initial focus on large-scale module and pack assembly plants by 2019-2020. This will be followed by integrated cell manufacturing by 2021-2022. Details of the PMP for Batteries shall be formulated by the Mission. The Mission will ensure holistic and comprehensive growth of the battery manufacturing industry in India.

 

Source : https://www.thehindubusinessline.com/economy/cabinet-approves-transformative-mobility-and-battery-storage-mission/article26455327.ece

Smart Grid Bulletin May 2019


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