AP to host CEO-ministerial dialogue to expand state's EV landscape

The policy roundtable initiated by the state government in collaboration with the World Economic Forum will serve as a high-level platform to explore various avenues of investments in the 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.

By Newsmeter Network  Published on  5 Aug 2022 4:44 AM GMT
AP to host CEO-ministerial dialogue to expand states EV landscape

Hyderabad: The Andhra Pradesh government is set to organise a virtual CEO-Ministerial Dialogue on 5 August. The policy roundtable initiated by the state government in collaboration with the World Economic Forum will serve as a high-level platform to explore various avenues of investments in the 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, transitioning the state towards Clean Mobility Shift turning it carbon-neutral is one of the goals of the roundtable. "The high-level CEO-Ministerial virtual dialogue makes Andhra Pradesh the first state in India to be associated with the "WEF-Moving India" network initiative of the World Economic Forum on 'Shaping the Future of Mobility'," said industries minister Gudivada Amarnath.

As the state government plans to attract investments worth US$4 billion in the EV segment, the high-level virtual meeting organised in collaboration with Andhra Pradesh Economic Development Board (APEDB) and WEF-Moving India shall witness a total of over 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 like vehicle manufacturers, component manufacturers, charging infrastructure developers, and auxiliary/financial players.

The primary objectives of the CEO-Ministerial Dialogue is to position Andhra Pradesh as the "light-house state" for advancing India's and the industry's ambition to lead the global transition to clean mobility and to develop policy initiatives in collaboration with the stakeholders, by considering their views and ideas, the state government said.

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