Electric Vehicles Are the Future of India- Nitin Gadkari

New Delhi, 22 December 2017 - 5th EV Expo 2017, the three day international expo
dedicated to Electric Vehicle technology started to an enthusiastic response at Pragti
Maidan today. The Expo was inaugurated by Road Transport & Highways Minister, Sh. Nitin
Gadkari at Hall No. 7 of Pragati Maidan.

Speaking on the occasion, Sh. Nitin Gadkari said" I feel the introduction of electricity
driven rickshaw in this country which has liberated the poor rickshaw puller from manual
labour of pulling passengers and empowered him with e -rickshaws is the biggest
achievement of my life. I thank the e-vehicle industry that you have provided jobs to poor
man through your innovations and have saved him from exploitation. There are more
than 1 crore people in this country who are pulling goods and passengers manually, so
there is a huge opportunity in this industry to provide them e-vehicles. I urge e-vehicle
manufacturers to maintain standards and Quality for a better and sustainable future of
this industry. Instead of spending Rs 80 on petrol Rs. 60m on deisal if the cost of running
an e-vehicle is only Rs 8 and that too without pollution, then who would not want it for
themselves. I strongly feel that within next 2 years, e-vehicles would become really
sought after mode of transportation."

"In near future India is going to be the world's no 1. exporter of electric vehicles to
countries like Nepal & Bangladesh and the future is very bright for e-vehicle industry in
this country. If India's Rs. 7,00,000 crore oil import is reduced even by Rs. 2,00,000 crore,
it will give jobs to around 2 crore youth of this country." He further added

EV Expo is India's prominent Electric Vehicle Showcase and is presenting the latest
technological advancements and innovations in environment-friendly 2,3,4 wheeled
electric vehicles, Automotive Parts, Components and Accessories, R&D, Charging
stations, Products and services related to this sector.

Mr Rajiv Arora, Organiser 5th EV Expo said "The 5th EV Expo holds special significance, as with
favourable Govt. policies and initiatives towards Electric Vehicles, we are at the starting point of
a boom in demand and acceptance of all kind of electric-vehicles, right from e-two wheelers for
personal use to 3 & 4 wheeled e-vehicles for public transport & goods. Besides latest
technology on display, next-generation vehicle launches are also lined up at the Expo and we
are getting a very enthusiastic response going by the footfall on the opening day itself"

Chairman of E-Rickshaw Committee, Ministry of Road Transport & Highways, Mr Anuj Sharma
said "We thank the Govt. of India and specially Sh Nitin Gadkari, who is quite determined to
push e-vehicles through effective policies and incentives to this sector. This expo is also in line
with Govt's 'Stand Up india' and 'PM's Mudra Loan' initiatives and there are Banks, Micro-
finance and NBFCs participating in this expo to offer attractive hassle free loans and packages
for E-Rickshaws and other e-vehicles. So, it is a win-win situation for budding entrepreneurs also
who want to enter the e-vehicle industry''

In the Expo spread over 60,000 sq feet, more than 100 + Indian & International E-Vehicle companies are
showcasing their technologically advanced, pollution free 2,3,& 4 wheeled e-vehicles like E-Rickshaws, E-
Carts, E-bikes, E-scooters, E-bicycles, E-Loaders as well as 4 wheeled e-buses at EV-EXPO 2017. A very
important and missing link - Lithium ion batteries are also on display at the Expo.
A Number of MOU's and Technology Transfer Agreements are expected to be signed during the
Expo.

EVEXPO 2017 is supported by Ministry of Road Transport & Highways, Govt. of India and is being
organized in association with ICAT (International Centre for Automotive Technology) & ERMA (E-
rickshaw Manufacturers Association)
Some of the prominent Indian companies showcasing their products are Lohia Auto Industries,
AUTOLITE (INDIA) LIMITED, Sona Blw Forgings, Terra Motors India, Okaya Power pvt. Ltd., Fusion Power
Systems, Micromax Energy Ltd & Altius Techonologies, etc

China has the highest number of foreign Exhibitors with over 20 Chinese companies showcasing their E-
Vehicle products.

For more information please visit http://www.evexpo.in

For Media enquiries please contact -

Kulbhushan Rakheja

Envision Media & PR

Ph: + 9810137246 krakheja@envisionpr.in/krakheja@gmail.com

Nima

Envision Media & PR

Ph: + 9810053710 nimarakheja@gmail.com/ nima@envisionpr.in