Union Road Transport and Highways Minister Nitin Gadkari believes that the cost of electric vehicles will come down to a level that will be at par with their petrol variants. Nitin Gadkari added that the government is in the process of increasing the EV charging infrastructure.
Nitin Gadkari Said :
Nitin Gadkari also believes that the economics surrounding EVs is very good in India given the low per kilometre cost, adding that electric vehicle sales do not need an artificial push.
Nitin Gadkari Said :
Nitin Gadkari Said at the ‘Accelerate the phase-out of coal and speed up the switch to electric vehicles’ webinar organised by Denmark’s The Sustainability Foundation.
Nitin Gadkari also assumes importance as the Centre is eyeing an EV sales penetration of 30% for private cars, 40% for buses, 70% for commercial cars and 80% for two and three wheelers by 2030.
Cabinet minister Nitin Gadkari said India will fulfill 50% of its energy requirements via renewable energy sources by 2030 and plans to reduce its carbon emissions by 1 million tons between 2020-2030.
Nitin Gadkari added that the country also plans to reduce the carbon intensity of its economy by ~45% in keeping with the COP26 commitment to achieve net zero emissions target by 2070.
Nitin Gadkari added that there is no benefit of producing coal-base electricity and that the main focus is to produce electricity using renewable energy sources like solar, tidal, wind and biomass.
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