Not right to find fault with govt for lack of EV policy: Anand Mahindra

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Mahindra group Chairman Anand Mahindra said it would not be right to find fault with the government for lack of a “readymade” policy for electric vehicles (EVs) as it is still a new sector in the country and things would evolve gradually. 

Anand Mahindra, EV, EV policy, electrc vehicle, Mahindra Group
Image for representational purpose only

According to PTI, Mahindra said that the government recognises the importance of EVs and it takes time for things to evolve. “It (EV) is such a new area, a new field, that it is very difficult to fault anyone for not having a readymade ideal policy in place. These things evolve,” Mahindra told PTI.

There is huge momentum in the government regarding the EV space and everyone is pushing forward in that direction, he added. Mahindra said templates like policy and other relevant regulations would be created and will come in good time. “I think they (govt) are working with private sector to create these so, I am not unhappy at this point,” he said. 

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Government think tank Niti Aayog had last year mooted having 100 per cent EV for public transport and 40 per cent of personal mobility by 2030. However, in February this year the government ruled out forming an EV policy saying technology should not be trapped by rules and regulations.

PTI reported that separately, Mahindra Lifespace Developers and The Energy and Resources Institute (TERI) yesterday launched centre of excellence (CoE) to boost energy efficient real estate in the country. 

The CoE would aim at developing a database for market ready scalable and energy efficient materials and technologies. It will also work on preparing policy briefs for the central and state ministries to promote green development. 

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