The Society of Indian Automobile Manufacturers (SIAM) also reiterated its demand for reducing GST rate on pure electric vehicles (EV) to 5 per cent from the current 12 per cent in order to make products affordable and popularise the technology.
"This year at the Auto Expo we have seen launch of market-ready electric vehicles, not just concepts, across various categories. This shows that the auto industry is getting ready very fast with EVs," SIAM Director General Vishnu Mathur said here.
Mathur said out of the total EV launches, 11 were in cars segment, five in buses, two each in small commercial vehicles and three-wheelers and eight in two-wheelers segment.
"Now what is required is the infrastructure, specially for charging these EVs. Otherwise, we won't get to where we want to with this technology," he said here at the Auto Expo which will come to a close on February 14.
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As per government's vision, 100 per cent of public mobility and 40 per cent of personal mobility are envisaged to be EVs by 2030. SIAM, on the other hand in its vision document had aimed for 100 per cent of all forms of mobility to be EVs by 2047.
With the current cost of EVs very high, he said it could dissuade customers over and above the concerns related to battery charging.
"These are issues that needs to be addressed. We feel that if a certain infrastructure is put in place and other support are provided, we can go to the next level," he said.
"We feel that hybrids and other technologies will still have a role to play as we go forward. Even the development of internal combustion engines will continue as the size of the automobile market expands," he said.
Within the limited fund of the government, there could be targeted support for development of certain technology, although the industry is of the view that all forms of technologies must be encouraged to find eco-friendly solutions, he said.
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