The Indian government has been emphasising on the use of electric vehicles. The government agencies in India are using a total of 5,384 electric vehicles as of 4th February, said Minister of Road Transport and Highways Nitin Gadkari in a statement in Lok Sabha on Thursday. He also said that the government agencies are currently […]
Will use vehicle that runs on green hydrogen as pilot project in Delhi: Nitin Gadkari – EQ Mag Pro
Union Transport Minister Nitin Gadkari on Monday said he would start using a vehicle that runs on green Hydrogen as a pilot project once he returns to New Delhi. Addressing a gathering after inaugurating various infrastructural projects here in poll-bound Goa, Gadkari said, “Toyota Company from Japan has given me a vehicle which runs on […]
E-vehicles will be a game-changer for the courier and logistics sector – EQ Mag Pro
Ahmedabad (Gujarat) [India] : Fuel rates directly affect sectors such as courier and logistics as fuel accounts for a significant share of their costs. In this situation, the growing prevalence of electric vehicles is raising a great deal of hope. The logistics sector is relying heavily upon E-vehicles and it will be a game-changer for […]
Govt encouraging EVs but will not stop registration of ICE vehicles, says Nitin Gadkari – EQ Mag Pro
The Road Transport and Highways minister observed that the sale of EVs has increased and also pointed out that 250 startups are working on e-vehicles New Delhi : The government is encouraging the adoption of electric vehicles and the use of alternative fuels like ethanol, bioLNG, green hydrogen, but it will not stop the registration […]
Cost of electric vehicles will drop, will be on par with petrol in 2 yrs – EQ Mag Pro
This is significant because by 2030, India has set a target of 30% EV sales penetration for private cars, 70% for commercial vehicles, 40% for buses and 80% for two and three-wheelers. Union transport minister Nitin Gadkari said the cost of electric vehicles (EV) in India will drop to the level of petrol vehicles in […]
Cost of electric vehicles will be on a par with petrol variants in 2 years: Nitin Gadkari – EQ Mag Pro
New Delhi: Union transport minister Nitin Gadkari said that the cost of electric vehicles (EV) in India will drop to the level of petrol vehicles in the next two years. “Within two years, the cost of EVs will come down to a level that will be at par with their petrol variants. Already GST is […]
Vehicle scrappage policy to reduce cost of electric vehicles: Nitin Gadkari
The road minister said that battery recycling, which will be done through the new scrappage policy, will help bring down the cost of electric vehicles and will also help India develop Lithium-ion batteries locally. The Minister of Road Transport & Highways on August 17 said the newly launched Voluntary Vehicle Fleet Modernisation Programme or the […]
Nitin Gadkari Says Electric Vehicles Would Be Cheaper to Afford in Near Future
Nitin Gadkari, Union Minister for Road Transport and highways, supported the nation’s advancement in the electric vehicle mission. The Minister has also urged different industry stakeholder to join together and make India, the world’s largest EV manufacturing as well as supplying hub. Union Minister, Nitin Gadkari attended HT Auto EV Conclave, he said, electric vehicles […]
Govt Plans Institution to Fund Businesses Focused on Electric Vehicles: Gadkari
According to a recent report, India’s electric vehicle financing industry is projected to be worth Rs 3.7 lakh crore in 2030, which would be about 80 per cent of the current retail vehicle finance industry. New Delhi: The government is planning to set up an institution to fund businesses with a focus on electric vehicles […]
More Indians ready to buy electric vehicles: Survey
While 68% of the respondents believed switching to EVs will help reduce air pollution, 11% and 6% of respondents considered driving pleasure and lower maintenance cost, respectively, as the main reason for considering a shift to EVs. Indicating a shift towards electric vehicles in the wake of continuous fuel price hikes coupled with rising ownership […]