Tata Motors CEO and MD Guenter Butschek said that, meeting the government’s vision of 100% electrification of public transport and 40 per cent of personal mobility by 2030 is a huge challenge and that will require a single-minded focus.
“It is huge challenge… I think from a vision point of view, from an aspiration point of view, it is a good timeline but in order to get even close to it, we need to draft and translate it in to a policy,” Butschek said at a media interaction here.
The challenge for the automobile industry will be to meet the demand of both conventional internal combustion engines (ICE) and electric vehicles, both of which would require big investments, he added.
He further said that in order to get electrification, there is requirement of huge investments in infrastructure and ecosystem, where incentives must be targeted. “You need to incentivise in order to make it attractive (for buyers) to spend more for possibly a small car, which is probably less aspirational in its appearance or in its segment that the same money on a hybridised larger car,” he said.