Develop technology to reduce charging time for EVs

The Automotive Research Association of India (ARAI) should develop technology to reduce the charging time for electric vehicles, Union Minister of Heavy Industries Mahendra Nath Pandey said on Saturday.

He was speaking at a press conference here after an industry interaction meet organised by the Ministry of Heavy Industries in association with ARAI, SIAM and ACMA to share information about the production linked incentive (PLI) scheme for the automotive sector.

“The auto field contributes to about 14-15 per cent of GDP, which can go up to 25-30 per cent and can support the PM’s vision for making India a USD 5 trillion economy.

“The sale of electric vehicles has increased drastically in the last few months due to the various schemes and subsidies provided by the Government…” Pandey said.

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