Electric cars key to India’s energy independence, says IEA chief

June 3, 2025

, By The Economic Times

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India should prioritize electric vehicle (EV) adoption to reduce its dependence on oil imports and strengthen energy security, International Energy Agency (IEA) Executive Director Fatih Birol said on Monday after a meeting with Commerce and Industry Minister Piyush Goyal.

“India should look at the electrification of mobility very closely because currently we have low oil prices, but the country is definitely at the mercy of some key oil producers,” Birol warned. “If India wants to have the upper hand in terms of domestic energy trajectories, electric…

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Electric cars key to India’s energy independence, says IEA chief

June 3, 2025

, Published By The Economic Times

India should prioritize electric vehicle (EV) adoption to reduce its dependence on oil imports and strengthen energy security, International Energy Agency (IEA) Executive Director Fatih Birol said on Monday after a meeting with Commerce and Industry Minister Piyush Goyal.

“India should look at the electrification of mobility very closely because currently we have low oil prices, but the country is definitely at the mercy of some key oil producers,” Birol warned. “If India wants to have the upper hand in terms of domestic energy trajectories, electric…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

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The Economic Times

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