Monday June 17, 2019
Home India China, India ...

China, India Keen on Joint Ventures For e-vehicles

He also proposed to the two sides to hold a meet in the first half of this year in Beijing to explore cooperation possibilities between their firms

0
//
India and China on Saturday agreed on a joint economic project in Afghanistan, sources said after a two-day summit between Prime Minister Narendra Modi and Chinese President Xi Jinping here.
China, India keen on joint ventures for e-vehicles, wikimedia commons

China and India, the world’s two largest greenhouse gas emitters, are keen on joint ventures in manufacturing electric vehicles as companies from both countries held talks at a three-day event in Beijing.

India’s leading automakers such as Maruti Suzuki, Tata, TVS and industry associations participated at the 5th China EV100 Forum in Beijing where e-vehicle manufacturing firms from across the world were present.

The three-day event, which concluded on Sunday, was organised by China EV100, a private electric vehicle association of over 200 leading Chinese electric mobility industries.

Anil Srivastava, Principal Advisor at NITI Aayog, who headed the Indian delegation, met Chen Qingtai, President of China EV100.

According to McKinsey, China has emerged as the leader both in the supply of and demand for electric vehicles.

However, some Chinese firms believe India will surpass China in terms of demand for these vehicles.

Earlier, in an interview to IANS, the General Manager of China’s leading electric vehicle company, Sunra, Victor Lu, said he sees India emerging as the world’s biggest market for electric bikes.

Countering China's High-Altitude Land Grab
Indian PM Narendra Modi and Chinese President Xi Jinping. Twitter

Addressing the forum, Srivastava talked about India’s policy for the promotion of electric mobility, the current state of play and future roadmap.

He mentioned that India is committed to global environmental commitments and will encourage the development and adoption of clean energy and new energy transportation.

He also said that that Chinese electric vehicles companies can pay a substantive role in helping India achieving its ambitious goal of electric mobility by 2030.

Also Read- Pakistan Decides To Shelve Major CPEC Power Project

He mentioned that EV industries of both countries should have more interaction and proposed to establish a formal interaction mechanism between them.

He also proposed to the two sides to hold a meet in the first half of this year in Beijing to explore cooperation possibilities between their firms.

While meeting Srivastava, Chen said India was an important country for Chinese electric vehicle players and encouraged Chinese industries’ participation and investment in the Indian market. (IANS)

Next Story

LAVA Launches New Budget Smartphone Z62 in India

Connectivity options on the device include Wi-Fi and GPS. Sensors on the phone include accelerometer and fingerprint sensor

0
The 2GB RAM variant of the phone would be launched in August, the company said in a statement.
Lava unveils new feature phone. IANS

Domestic smartphone manufacturer Lava on Friday launched its new budget smartphone Lava Z62 for Rs 6,060 in India.

The phone comes with a 6-inch touchscreen display and is powered by a 3,380 mAh battery.

“The device also comes with a dedicated Google Assistant key, thus, allowing users to use a variety of apps and features at the click of a button using their voice command,” the company said in a statement.

new phone, lava
The mobile phone supports English, Hindi, Tamil, Bengali, Gujarati and Punjabi. Wikimedia Commons

As far as the cameras are concerned, the device on the rear packs an 8MP camera and a 5MP camera on the front.

Also Read- Tech Giant Apple Working on New MacBook, Suggests Registrations

Connectivity options on the device include Wi-Fi and GPS. Sensors on the phone include accelerometer and fingerprint sensor. (IANS)