Emphasise on EVs, frame policy to reduce total ownership cost: Economic Survey - News Summed Up

Emphasise on EVs, frame policy to reduce total ownership cost: Economic Survey


The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership costs to make them an attractive alternative to consumers, according to the Economic Survey 2018-19. "As electric vehicles represent the next generation in sustainable mobility, India must emphasise on them. However, adoption rate of EVs has been slow, largely due to the lack of charging infrastructure in India and the time taken for completely charging the EVs. In India, electric two-wheelers have been the major part of EV sales with sales of around 54,800 in 2018. Maharashtra reported sales of around 4,865 EV units, while West Bengal came in fifth with sales of 4,706 units.


Source: dna July 04, 2019 08:43 UTC



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