EVs may not need subsidies in two years on falling battery prices: Gadkari
Monday, 9 September 2024 Road Transport Minister Nitin Gadkari revealed that electric vehicles could become subsidy-free within two years as their prices are projected to equal those of petrol and diesel vehicles due to declining battery costs. He expressed concerns over high fuel import bills and pollution but endorsed consumer choice in selecting fuel types.
Nitin Gadkari, the road transport minister, indicated that electric vehicles could be subsidy-free within two years as their prices are expected to equal those... IndiaTimes
Monday, 9 September 2024
