EV Prices to Match Petrol Vehicles Within Six Months: Nitin Gadkari
Union Minister for Road Transport and Highways Nitin Gadkari announced that the prices of electric vehicles (EVs) in India are expected to become equal to those of petrol-powered vehicles within the next six months. As per agency report, he made this statement while addressing the 32nd Convergence India and 10th Smart Cities India Expo on Wednesday.
Gadkari emphasized that the government's policy is focused on reducing imports, ensuring cost efficiency, promoting pollution-free transportation, and boosting indigenous production. He reiterated that infrastructure development is crucial for making India the world's third-largest economy.
During his address, the minister also provided an update on the progress of the 212-kilometer-long Delhi-Dehradun Expressway, stating that construction is expected to be completed within the next three months.
Highlighting the importance of reducing logistics costs, he stressed that improving road infrastructure would be instrumental in achieving this goal. He reaffirmed the government's commitment to smart cities and intelligent transport systems, stating that advancements in road construction technology and innovation must be encouraged to reduce costs and enhance efficiency.
The shift towards EV affordability is expected to accelerate the transition to sustainable transportation, further reducing India’s dependency on fossil fuels and lowering emissions in urban areas.