Japan-India EV Investment Round Table
With electric vehicle (EV) sales on the rise and climate action accelerating, decarbonization of the transport sector is set to be a central issue on the 2023 global climate change agenda. As India assumes the G20 presidency and ahead of the upcoming G7 Summit in Japan, this webinar will explore areas of cooperation on EVs and how investment can support climate and economic goals.
The Government of India has already pledged to have 30% of all new vehicle sales in the country to be EVs by 2030. To reach this target, India will need an investment of USD 266 billion between 2020 and 2030. While transport electrification will bring many advantages, including reducing CO2 emissions and enhancing India’s energy security, a newly launched report estimates that significant foreign direct investment will be needed to increase EV component and battery manufacturing.
This round table, organized by the International Institute for Sustainable Development (IISD), Columbia University, and the Institute for Global Environmental Strategies (IGES), will highlight areas of cooperation for Japan and India within the EV ecosystem. Held in a virtual format, the round table will cover recent EV developments in India and explore collaboration with Japanese automakers (OEMs), component manufacturers, and institutional investors.
Building on the independent report Investor Perspectives on Accelerating Growth in the Indian EV Ecosystem this round table will provide recommendations for how policy-makers in India can support EV investment.
Moderator: Pramoda Gode, Lead, Moving India, World Economic Forum
Swasti Raizada, Policy Advisor, International Institute for Sustainable Development
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Nanda Kumar Janardhanan, Research Manager, Climate and Energy and Regional Coordinator, South Asia, IGES
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Sudhendu Sinha, Adviser, Infrastructure Connectivity, Transport and Electric Mobility, NITI Aayog
Presentation on Challenges and Opportunities for xEV Automotive Usage
Masaru Akaishi, Managing Director, Maruti Suzuki Toyota
Remarks on Evolving Auto Business and EV Manufacturing in India
Inderveer Singh, Founder and CEO, EVage
Round Table Discussion and Q&A
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