Gadkari’s optimism1 min read 25 Nov 2021, 11:55 PM IST
The key to EV success would be affordability on their own steam. And, for this, a focus on closing the price gap with overtaxed fossil-fuel vehicles will be of little help
Over the past fortnight or so, road transport and highways minister Nitin Gadkari has on at least two occasions proclaimed that the cost of electric vehicles (EVs) will fall to the level of petrol vehicles in two years. There are as many as 250 startups engaged in developing innovative technologies to address the industry’s challenges in a cost-effective way, he said. Further, moves such as the government’s plan to build 600 EV-charging stations along highways in five years, he argued, would allow for mass adoption at a scale needed for prices to fall.
Select your Category