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EVs may not need subsidies in two years on falling battery prices: Gadkari

IndiaTimes 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.
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