EV sales must reach 50% by 2030 to achieve net zero emission goal: Min

New Delhi: Union Environment Minister Bhupender Yadav said on Monday that electric vehicles should make up 50 per cent of all vehicle sales by 2030 to ensure the automotive sector stays on track to achieve the 2070 net zero emission target.

Addressing the 3rd International Conference on Sustainable Circularity organised by SIAM, Yadav also said India now sells more cars annually than the population of some countries but this achievement comes with a responsibility to keep the air clean and the environment healthy.

The minister said EV sales are projected to reach nearly 35 per cent of the total vehicle sales in 2030.

“To bring the auto sector on track with the 2070 net zero goal, this share needs to reach 50 per cent.”

The minister said EV sales in India are projected to reach 10 million units by the end of the decade, creating five million jobs.

He said the EV fleet could cut CO2 emissions by five metric tonnes by 2030, and this reduction could rise to 110–380 metric tonnes by 2050.

Yadav mentioned that though EVs are environment-friendly as they do not emit pollutants, it is important to note that their batteries are charged by electricity.