The Indian government has started a drive to develop a new battery technology for electric vehicles (EVs) that can store the energy they generate for several years, as it tries to avoid being stuck with outdated technology that relies on a battery pack that has already been proven to be unreliable.
The Bharatiya Janata Party (BJP) government is aiming to create a “new generation” of electric vehicles, which will be capable of reaching a range of up to 300km (185 miles), and it wants to build on existing technology to achieve that target.
It is expected that such a vehicle will be developed by 2019 and be marketed in India through dealerships, according to a statement on the government’s website on Thursday.
India is one of the biggest markets for electric cars in the world.
The country has been trying to get EVs to the market for years, with different attempts at making EVs that could reach 200km (124 miles) range.
But as of now, there are only two EV manufacturers in the country: Reliance Industries (India’s largest manufacturer) and Bharat Sanchar Nigam Limited (BSNL).
The government wants to make them both part of the same company, which could be the biggest challenge yet for the EV industry.
The government has also made the BSNL the exclusive operator of India’s EV manufacturing and marketing, which would mean the company would be the only one able to manufacture and sell EVs in India.
The announcement comes on the heels of the B.S. Bajaj Motor Corp. and Tata Motors Corp. announcing their intention to merge, and the announcement came a day after Toyota Motor Corp., the largest automaker in India, said it would buy an electric car maker, Jio Infiniti.
The announcement came just days after India’s electric vehicle fleet grew by over a million units in the first half of this year, which is expected to grow to over 7 million units by 2020.
The government’s new strategy will see the government establish a new vehicle manufacturing unit to produce electric vehicles.
In addition, it will establish a national EV certification centre.
India currently produces almost 100 million EVs a year, with about 6.8 million sold in the last five years, according an industry official, who spoke on condition of anonymity because he was not authorised to speak to the media.
India also has a strong electric vehicle market, with companies such as Ford, Nissan and Hyundai making large-scale EV vehicles.