Union Minister Nitin Gadkari said that German luxury automaker Mercedes-Benz create more vehicles domestically, emphasizing that doing so will lower costs while also improving affordability.
The Minister for Road Transport & Highways, Nitin Gadkari, stated that there is a sizable market for electric vehicles in the nation while speaking at the unveiling of Mercedes-Benz India’s first locally produced EQS 580 4MATIC EV from its Chakan production facility in Pune.
A brief about Union Minister Nitin Gadkari asks Mercedes-Benz to reduce costs by producing more cars locally “Even I Can’t Afford Your Car”
“Only when you boost production will you be able to cut costs. Even though I am a middle-class person, I cannot afford your car “said the minister.
The most recent electric vehicle from a German automaker costs 1.55 crore. The company’s EQC SUV and AMG EQS53 4MATIC flagship EV are joined by the EQS 580.
With the release of its fully imported all-electric SUV EQC in October 2020, Mercedes-Benz India began its electro-mobility crusade in India. The SUV is priced at 1.07 crore.
According to Mr. Gadkari, there is currently 15.7 lakh registered electric vehicles in the nation.
According to him, there is a sizable market for electric vehicles, with overall sales increasing by 335%, and Mercedes-Benz India will have a healthy demand for these vehicles when express motorways are built throughout the nation.
The current size of the Indian automobile industry is 7.8 lakh crore, with exports amounting to 3.5 lakh crore, and he stated that his ambition was to grow it to a 15 lakh crore business.
Additionally, Mr. Gadkari suggested that Mercedes-Benz form collaborative ventures to develop auto recycling facilities, which would enable the company to cut the cost of its parts by up to 30%.
“We have 1.02 crore vehicles ready for scrap, according to our records. There are just 40 of us. I think we could set up four scrapping facilities in one district. We can easily open 2,000 of these units “added he.
“My recommendation is that you set up some of these machines, which will provide you with raw materials for recycling and lower the cost of your component by 30%.
” The minister stated that the government supports such facilities and it is crucial to have your participation.
The EQS 580 4MATIC has a range of 857 kilometers (ARAI certified). The powerful 400-volt battery is part of the high power density lithium-ion battery, which has a useful energy content of 107.8 kWh and was made using the most recent advances in lithium-ion technology.