Andhra Pradesh – A first ever initiative by World Economic Forum and Government of Andhra Pradesh on “Shaping the Future of Mobility”.
AP state joins first movers’ coalition with the CEOs of Electric Vehicles segment, by being the first state under the World Economic Forum “Moving India” network initiative.
VIJAYAWADA, August, 04, 2022: The Government of Andhra Pradesh is set to organize a virtual CEO-Ministerial Dialogue on 05th August 2022. The policy roundtable initiated by the Government of Andhra Pradesh in collaboration with the World Economic Forum will serve as a high-level platform to explore various avenues of investments in Electric Vehicles segment and also to support the industry leaders in developing and implementing plans and programmes to meet climate goals, including net-zero economic growth and green mobility.
As the state plans to expand the EV landscape at a fervor pace, accelerating EV adoption, transitioning the state towards Clean Mobility Shift turning it carbon-neutral is one of the goal’s of the round-table. The high-level CEO-Ministerial virtual Dialogue makes Andhra Pradesh the first ever state in India, associated to the “WEF-Moving India” network initiative by World Economic Forum on “Shaping the Future of Mobility”.
As the state government plans to attract investments worth USD $4 billion in the EV segment, the high-level virtual meeting organized in collaboration with Andhra Pradesh Economic Development Board (APEDB) and WEF-Moving India shall witness a total of 60+ companies, which would be a mix of traditional/ conventional players as well as the recent, potential start-ups. These companies belong to various sub-categories of the EV segment covering the areas of (1) Vehicle Manufacturers, (2) Component Manufacturers, (3) Charging Infrastructure Developers and (4) Auxiliary / Financial Players.
Primary objectives of the CEO-Ministerial Dialogue is (1) to position Andhra Pradesh as the “light-house state” for advancing India’s and Industry’s ambition to lead the global transition to clean mobility and (2) to develop policy initiatives in collaboration with the stake holders, by considering their views and ideas.
Given the multitude of benefits covered under green mobility which include better air quality control, emissions control, and economic and employment potentials, Andhra Pradesh’s transition to e-mobility is going to be a key component of India’s low carbon development push.
As the government envisages to make Andhra Pradesh the prime destination for the development and manufacturing of batteries, hydrogen generation and storage, Battery EVs (BEV) as well as Fuel cell EVs (FCEV), EV components and charging equipment not only for India but also to the world, this meet shall act as another step to pave ways to sustainable transportation in the state of AP.
Helping the state fulfil it’s ambitious Sustainable Development Goals by way of going carbon-neutral through green mobility and green energy initiatives, this one-day virtual high-level CEO-Ministerial dialogue will act as a one-of-a-kind step, considering the participating group which uniquely consists of investors and manufacturers from EV industry, advocacy institutions and the policy makers.
Further, the virtual meet will be attended by Hon’ble Minister of Industries, Infrastructure, Investments & Commerce and Information Technology, Sri. Gudivada Amarnath; AP Transport Principal Secretary Sri. M T Krishna Babu; AP Energy Spl. Chief Secretary Sri. Vijayanand; Advisor (Infrastructure Connectivity, Transport & Electric Mobility)-NITI Aayog, Sri. Sudhendu J. Sinha; CEO-APEDB and VC&MD-APIIC, Sri. Subramanyam Javvadi; Director of Industries, Commerce & Export Promotion, Smt. Srijana Gummalla, World Economic Forum – Moving India Team, CEOs of EV manufacturing companies and government officials.
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