Union minister of road, transport and highways, Nitin Gadkari announced that the prices of electric vehicles in India will be reduced to match the same as petrol and diesel cars by 2024.
Speaking at the FY21 annual general meeting (AGM) of the Indian Chamber of Commerce (ICC), Gadkari said, “The cost of EVs is high because their number is less. But India is awaiting an EV revolution with 250 startup companies engaging in the innovation of EV technology in the most cost-effective manner. Moreover, big auto manufacturers have also entered the competition to reduce the cost of EV manufacture”.
On asking about the phasing out of internal combustion (IC) engine vehicles he answered, “We are not stopping anything. We are only encouraging green vehicles and green fuels so that we fulfil our commitment in COP26, Glasgow this year,”
The Union minister also highlighted the development plans towards easing the shift to EVs in India. “The National Highway Authority of India (NHAI) is working hard to develop EV-charging infrastructure all along its length to encourage and facilitate EV proliferation. As much as 38% of the National Grid now has solar power, so we are assertively moving towards greener mobility across the nation,” he added.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
