‘More electric vehicles than conventional ones by 2050’: Nitin Gadkari
By 2050, there will likely be more electric vehicles than conventional ones in India, Union road transport and highways minister Nitin Gadkari said on Tuesday, expecting advances in technology and gains from the government’s efforts to build up a domestic renewable automotive industry to begin paying off.
Gadkari was speaking at the HT Auto EV Conclave, where he outlined the government’s incentives and urged industry stakeholders to help make India “the world’s largest EV manufacturing and supplying hub”.
“Both battery electric vehicle and fuel-cell vehicle technologies are complimentary to each other and are all set to overtake fossil-run automotive by 2050,” said the minister, before adding: “Indigenous battery tech, localisation of components and huge domestic demand would make EVs the most affordable means of transport in coming years”.
