more-inThe capital cost of making electric vehicles would be on a par with petrol/diesel vehicles in five years and India would be importing electric vehicles if it does not develop the ecosystem, said Ashok Jhunjhunwala, Principal Advisor, Ministry of Power & New and Renewable Energy, Government of India. “Electric vehicles will be the future of transportation in the country. Countries like Germany, China and the U.S. are already focusing on electric vehicles, he noted. He also said that one of the key challenges is the issue of subsidies for development of electric vehicles. “However, India cannot afford such a subsidy and should look at an alternative route for development of electric vehicles,” he said.

Source: The Hindu August 28, 2017 02:26 UTC